12 июл. 2024 г. · An IL estate worth $500K that required 650 hours of effort might generate $19K in executor fees (see calculator below).

5 сент. 2024 г. · A 2011 case in the Illinois First District Appeals Court found $50 to be considered a reasonable hourly rate. An executor has the right to ...

Executors in Illinois have been paid up to $50 an hour with the higher end of that being associated with more complex related tasks.

30 июн. 2020 г. · In some courts, executors have been paid up to $50 an hour, but it depends on the precise nature of what they did. For example, trying to sell a ...

16 сент. 2024 г. · Under Illinois statutes, executors aren't required to work for free. No fixed rate for their services exists. Instead, a “reasonable” fee is ...

An executor can expect to receive about 2-5% of the estate's value. However, this percentage can vary based on the specifics of the estate and the executor's ...

The national figures for executor compensation range from about $13,000 up to about $23,500. (In Illinois, executors get reimbursed hourly, ranging from $35/hr ...

29 февр. 2024 г. · According to Illinois law, every executor or administrator is entitled to receive a reasonable fee as compensation for their time and services to the estate ...

On average, for a fairly simple estate with an effective Executor and no disputes, probate in Illinois can cost around $4,000 - $6,000. This price can go up or ...