Quote:
Originally Posted by firebug
To be an executor, the big trust companies typically charge between 4 and 5% of the 1st $2-million dollars of Estate assets and then scale down above that ($25k minimum fee). There are some smaller independent firms that are less expensive... but still not a cheap option.
I do agree that for many Estates it's the wiser choice.
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Also, most have a minimum threshold before they will even accept the appointment.