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The Executor or Administrator may also be entitled to statutory fees, which in Georgia include, for most kinds of assets, a commission of two and one half percent (2.5%) of the value of the assets which come into the estate, plus two and one half percent (2.5%) of the value of the assets which are paid out of the
53-6-60(b), the executors commission is 2.5 percent of all funds received by the estate and 2.5 percent of all funds paid out of the estate; such commission on the amounts flowing through the estate are the executors as a matter of statutory right.
That interested person must petition the probate court to appoint them as the estate administrator. Once the probate court process is complete, the court-appointed representative is known as the personal representative of the estate.
Attention! Effective January 1, 2025, Senate Bill 232 has updated all statutory fees. Petition for Letters of Administration$209 Initial Filing+Publication Fee (See below) if necessary $205 Subsequent Filing Petition for Temporary Letters of Administration $194 Initial Filing $190 Subsequent Filing10 more rows Jan 1, 2025
How Long Does It Take to Get Letters of Administration? The true answer is that It depends. Without disputes, the entire probate process generally takes anywhere between 12 and 18 months, depending on the estates size and complexity. The first probate phase can last from 6 weeks to 6 months to complete.
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The highest priority claim against estate assets is an award of a years support to the family, which has top priority and which is paid before all creditors. The deceaseds funeral bills are second in line for payment.
An executors exact responsibilities will vary depending on the law of the state that applies, the size of the deceased estate and the state of their financial affairs. However, most executors are expected to: Account for the assets of the deceased and distribute them ing to the will.

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