Quote:
Originally Posted by troutman
If the Court had to approve a formal accounting, 3% would be standard, 4% would be for a difficult and complex estate, 5% if there was a litigation component.
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Next time I update my will I'm going to specify 3% for the Executor/Executrix. I find - as an Executor a few times now - that the vague language around compensation gets a bit annoying. I can see why based on your breakdown, but I think a specific percentage detailed in the Will would remove any vagueness or potential animosity towards the Executor.