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Asked in VA May 21, 2022 ,  0 answers
What percent of an estate is an executor in the state of Virginia entitled to if none is defined in the will?
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2 Answers

Anonymous
Reply

Posted on / Sep. 06, 2010 08:23:00

Virginiia's Standing Committee on Comissioners of Accounts recommemds

the following fee schedule when there is no reference in a will:

5% for the first $400,000 (of estate assets)

4% for the next $300,000

3% for the next $200,000

2% for $1,000,000 +

Above $10,000,000 must be negotiated

+

5% on all income receipts (from estate assets)

Anonymous
Reply

Posted on / Sep. 06, 2010 08:23:00

Virginiia's Standing Committee on Comissioners of Accounts recommemds

the following fee schedule when there is no reference in a will:

5% for the first $400,000 (of estate assets)

4% for the next $300,000

3% for the next $200,000

2% for $1,000,000 +

Above $10,000,000 must be negotiated

+

5% on all income receipts (from estate assets)

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