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Do Multiple Executors Get Full Commissions?
Richard A. Whitney

Q. 

For a $1 million estate in New York, where there are two co-executors, does each receive a full commission?

-- Anonymous

A. 

The answer is yes. Where there are two executors, each one gets a full commission. That is also true for 3 executors. When there are more than three executors, they share three commissions. For example, when there are 4 executors, each one gets 3/4 of a commission.

-- Richard A. Whitney






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