Posts Tagged Compensate

How Should I Compensate The Executor Of My Estate?

I have decided on the person I want to be executor of my estate upon my death andI would like to compensate them for that duty. How many hours will they likely spend to settle my estate? How are they commonly compensated? Are they listed as beneficiaries in the will?
My estate won’t be complicated. I own a home and have other assets (the usual: bank accounts, stocks, 401Ks, etc).

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