How much are the fees of the Public Adminstrator?
The California Probate Code provides for statutory fees for all executors, administrators and their attorneys. The Public Administrator and his attorney are entitled to the same compensation as other administrators and attorneys. The fees are based on a percentage basis calcuted on the value of the estate. The statutory fees are figured as follows: 4% of the first $100,000 (4,000) 3% of the next $100,000 (3,000) 2% of the next $100,000 (16,000) 1% of the next $9,000,000 (90,000) or $23,000 of the 1st million ½% of the next $15,000,000 (75,000) A reasonable amount will be determined by the court on all amounts above $25,000,000 In addition to statutory fees, the court may award extraordinary fees for extra work such as selling property, litigation to collect assets, defending actions against the estate and other similar matters. All fees must be approved by the Probate Court, usually at the time of the final accounting. The minimum estate fee is $1,000 for non-court 7600 cases.
