does the executor fees come off the top

[ratherbefishin]

What is the name of your state? california

the executor of a living trust is charging 1.3%. no problem there. should that money be taken off the top or should it be taken out of ever one elses share?
thankyou for your time, ratherbefishin.

 

[divgradcurl]

What is the name of your state? california

the executor of a living trust is charging 1.3%. no problem there. should that money be taken off the top or should it be taken out of ever one elses share?
thankyou for your time, ratherbefishin.

Generally it's a percentage of the total value of the trust.

 

[Dandy Don]

It does not come out of the beneficiaries' share and is deducted from the trust account.

 

[ratherbefishin]

thakyou very much for your time.
r