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Under the Texas Estates Code, the standard compensation is a five (5%) percent commission on (1) all amounts that the executor or administrator receives; or (2) pays out in cash in the administration of the estate (the Texas two-step on executor compensation).
If the will names multiple executors, but only one person wishes to take out a grant of probate, it is wise for at least one of the others to sign a power reserved letter, just in case the appointed executor cannot complete the administration of the estate.
The executor has been disqualified since the deceased appointed them, ie has been convicted of a crime and sent to prison. The executor is incapable of performing their duties, eg has a mental or physical disability, whether permanent or temporary, which is preventing the executor from performing his/her duties.
Your will can name two or more co-executors. You can provide that your co-executors must act together or that each may act independently of the others.
(a) An executor, administrator, or temporary administrator a court finds to have taken care of and managed an estate in compliance with the standards of this title is entitled to receive a five percent commission on all amounts that the executor or administrator actually receives or pays out in cash in the

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Lastly, it is important to remember that executor fees are considered income and are taxable. Being an executor is an important job and can be time-consuming. Most of the time, guidance from a probate attorney is necessary.
According to the Estates Code, an executor in Texas is entitled to up to 5% of the estates total financial transactions. For Example: If an executor has to settle an estate worth $250,000 - if they do their duties correctly, and honestly are entitled up to $12,500 as compensation for administering the estate.
As an Executor, what you cannot do is go against the terms of the Will, BdocHub Fiduciary duty, fail to act, self-deal, embezzle, intentionally or unintentionally through neglect harm the estate, and cannot do threats to beneficiaries and heirs.
A legally incapacitated person, such as a minor, may also not act as executor of the estate of a deceased person - section 18(6) refers. be appointed in section 18(3) estates.
When more than one person is appointed to act as co-executors, decision-making as between the executors will be governed by the will. If the will is silent on the issue, then unanimous consent is required. Therefore, wills frequently set out a majority rule standard for decision making.

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