Does an executor personal representative get paid?

A personal representative, or executor, is entitled to a fee under Florida statute and that fee is reasonable. There is a statutory formula for determining reasonableness, which is approximately 3%. Many personal representatives who are family members do not take a fee in order to avoid conflict with the other beneficiaries, but there’s a lot of work to be done and I tell beneficiaries to keep track of their time and make a decision later whether they’re going to take a reasonable fee or they’re going to waive a reasonable fee.

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