I am executor. Can I be paid for the time I spend and the trouble I have?

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  • January 16, 2015

I am executor. Can I be paid for the time I spend and the trouble I have?

Unless you are a licensed public trustee company the only way you can be paid for the time you spend working as an executor is.

  • if the Will specifically provides for that
  • the Court awards commission to you or
  • All of the adult beneficiaries who have legal capacity agree.

Some professional people (for example, accountants, solicitors and financial planners) assume that they are entitled to charge for their time spent as executor on the same basis as they would charge their clients. That is a false assumption, unless the Will clearly spells out that they can do so.