How to justify Executor fees? How to challenge executor fees?
Executor fees can be justified based on the executor’s expertise, the complexity of the estate, the number of beneficiaries, and any difficulties faced. Generally, fees can be up to 5% of the estate. Higher fees may be justified for large estates with many assets or beneficiaries, while smaller estates with fewer beneficiaries might see lower fees. If fees seem excessive, beneficiaries can challenge them by reviewing the executor’s performance and the estate’s complexity.
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