What is considered a reasonable administrative fee (hourly rate) for a Personal Representative to charge the estate?
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What is considered a reasonable administrative fee (hourly rate) for a Personal Representative to charge the estate?
Asked on January 27, 2014 under Estate Planning, Michigan
Answers:
MD, Member, California Bar / FreeAdvice Contributing Attorney
Answered 10 years ago | Contributor
In Michigan, there are several factors the court will review to allow a reasonable fee. But the fee must be reasonable. Therefore, you need to charge a fee that is reasonable for what you are doing for the estate that will benefit the estate. Talk to your local bar association and also any organizations regarding estate administration.
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