I am the executor of an estate , I am liquidating the estate 's assets.

The appropriae fee is set by statute. It is 2 1/2% of everything you collkect and 2 1/2 % of everythign to pay or distribute.

Georgia law provides a statutory rate of compensation if the fee is not stated in the will or agreed upon in a written agreement executed prior to the decedent's death.

Thus, you should first carefully review the will to ascertain whether or not the compensation of the executor/personal representative is specified in the Will. Unless you are a corporate executor, it's unlikely you had a written agreement with the decedent regarding fees.

If the will does not specify executor's compensation and there is no written agreement, O.C.G.A. 53-6-60(b) specifies compensation. The Executor is entitled under this default rule to 2.5% on all sums of money received by the personal representative (except for loans from the executor to the estate) and 2.5% on sums paid out for debts and distributrions to heirs/beneficiaires. The statute provides that the executor is entitled to "reasonable compensation" not to exceed 3% of appraised value for in-kind distributions of property. If seeking maximum compensation, you may wish to obtain the probate court's approval for the compensation on in-kind distributions.

The Executor is also entitled under the default rule, to 10% of the interest earned during the course of administration.

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