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Learn about executor compensation rules, payment methods, and state requirements. Understand how executors get paid for managing estate administration duties.
Executor compensation varies significantly by state, with some states setting specific percentage rates while others allow "reasonable" fees based on the estate's complexity and time involved. Many states use a sliding scale where larger estates have lower percentage rates. Executors can also choose to waive compensation entirely, which is common when family members serve in this role. The probate court must approve all executor fees before payment.