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lwpat, Attorney
Category: Business Law
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Experience:  Attorney with over 35 years of business experience.
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What is the customary fee paid to someone that is appointed

Resolved Question:

What is the customary fee paid to someone that is appointed to administer a persons business/corporation after death. Both for liquidating and or continue to operate business.
Submitted: 7 years ago.
Category: Business Law
Expert:  lwpat replied 7 years ago.
There is no set or customary "fee" since it depends on the expertise of the person and the amount and time it takes to perform the services. This is usually charged the same way an attorney charges, on an houly basis plus costs.
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