Is the Personal Representative entitled to a fee and/or reimbursement of expenses?
Oregon statutes provide that the personal representative is entitled to receive compensation for services rendered to the estate as follows: Probate Assets Personal Representative s Fee First $1,000 7% $1,000 – $10,000 $70 plus 4% of value over $1,000 $10,000 – $50,000 $430 plus 3% of value over $10,000 Over $50,000 $1,630 plus 2% of value over $50,000 The personal representative is also entitled to receive 1% of non-probate, taxable assets, excluding life insurance proceeds. The personal representative may also waive the statutory fee. This is most often done where the surviving spouse is serving as the personal representative. If the estate has more than one personal representative, the fee is not increased, but must be divided as the co-personal representatives agree or as the court may direct. Additional compensation also may be allowable by the court for “extraordinary and unusual” services not ordinarily required of a personal representative in the discharge of his or her duties.
