Q: I am a personal representative of my mothers estate she passed away in 11/15/15 it was not supposed to last this long
Her estate is valued at 840000.00 dollars and there is some heirs that keep objecting on anything and everything the judge has ruled in my favor and they still object it's going on two years now how do I get paid is it by the year or just one fee total
A:
Sorry for your headaches.
Unfortunately, you are entitle to one fee
Title 58 Oklahoma Statutes Section 527 says:
A. When no compensation is provided by the will, or the executor renounces all claim thereto, he must be allowed commissions upon the amount of the whole estate accounted for by him, excluding all property not ranked as assets, as follows:
1. For the first thousand dollars, at the rate of five percent (5%);
2. For the next Five Thousand Dollars ($5,000.00), at the rate of four percent (4%); and
3. For all amounts above Six Thousand Dollars ($6,000.00), at the rate of two and one-half percent (2 1/2%); and the same commission must be allowed administrators.
In all cases such further allowance may be made, as the judge of the district court may deem just and reasonable, for any extraordinary service. The total amount of such allowance must not exceed the amount of commissions allowed by this section.
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