What does an Executor/Administrator get paid?

Ohio law sets the fee for the executor/administrator. The executor’s fee is a percentage of the value of the assets of the estate. There is a fee schedule upon which the fee is determined that ranges from 4% to 2% of the value of the assets of the estate.  The fee is:

  • 4% of the first $100,000
  • 3% of the next $300,000
  • 2% of everything over $400,000
  • And 1% of non-probate assets

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