Executor Fees?

[Handyman51]

From the State of Tennessee
Is there a statutory fee for executors in the State of Tennessee?

If not what is a reasonable percentage fee for a estate of approx $120,000

 

[Dandy Don]

Reasonable compensation is how it's described in the law. So you'll have to call a local probate attorney to find out what the actual rate is.

 

[seniorjudge]

From the State of Tennessee
Is there a statutory fee for executors in the State of Tennessee?

If not what is a reasonable percentage fee for a estate of approx $120,000

co4.shelbycountytn.gov/court_clerks/probate_court/probaterules.PDF



The court generally sets the fees. See the link above for an example.