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Administrator Fee

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D

DaveNY

Junior Member
I live in NY and the estate is in NY.

I am the administrator of my sisters estate. I'm trying to determine what is considered a reasonable administrator's fee in NY.

Is 5% of the total estate a reasonable fee to charge?
 


B

BlondiePB

Senior Member
DaveNY said:
I live in NY and the estate is in NY.

I am the administrator of my sisters estate. I'm trying to determine what is considered a reasonable administrator's fee in NY.

Is 5% of the total estate a reasonable fee to charge?
Click to expand...
The fees are governed by state statutes. May I suggest you read your state statutes. See Surrogate Court.

http://assembly.state.ny.us/leg/?cl=0
 
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