What is the name of your state? PA
An Estate Attorney informed me that the "customary" Executor fees in PA are 5% for the 1st $100k and 4% for the 2nd $100k.
My question: may I pay myself more? I've tracked the hours spent on settling the Estate; time off from work to do so; etc... and it is more than the "customary" $7,800 ($170k gross estate) I have coming.
Note: there are no attorney fees at this time as I am not using one. These would've been 6% & 5%.
An Estate Attorney informed me that the "customary" Executor fees in PA are 5% for the 1st $100k and 4% for the 2nd $100k.
My question: may I pay myself more? I've tracked the hours spent on settling the Estate; time off from work to do so; etc... and it is more than the "customary" $7,800 ($170k gross estate) I have coming.
Note: there are no attorney fees at this time as I am not using one. These would've been 6% & 5%.