Administrator's fee

[CSimi]

My husband is the Administrator of his Aunts will. This is in New York State. Is he entittled to a fee as an Administrator? Is it the same percentage as an Executor's?

 

[ALawyer]

Generally, YES.

 

[advisor10]

JUNE 7, 2001

DEAR CSIMI:

Executor's/Administrators Fee for New York:

5% of the first $100,000 received and paid out,
4% of the next $200,000.,
3% of the next $700,000.

SINCERELY,

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