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For estates under $100,000 the executor will make 5 percent. On the other end of the spectrum, for estates worth more than $4 million, the executor will make 1/2 percent. In California, an executor can make between 1/2 percent and 4 percent of the estate, also based on the size of the estate. For estates under $100,000, executors make 4 percent. At the high end, for estates up to $25 million, executors are paid 1/2 percent of the estate.
The executors compensation comes in the form of a commission, and in New Jersey, a statute establishes the amount of the commission. An executor is entitled to a 6% commission on any income that the estate earns. So, for instance, assume that the entire estate is worth $400,000. The executor has probated the Will, sold the assets of the estate (for example, sold the house, liquidated the brokerage account, etc.), set up an estate bank account, and deposited the $400,000 into the estate bank account.