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Unless the Will states something to the contrary, the statutory commissions are increased by 1% for each additional Co-Executor. The fees are generally split equally by the co-executors. The NJ Statutory single executor fees are as follows:
a. 6% on all estate income; b. 5% of the estate up to $200,000; c. 3.5% on excess above $200,000 up to $1,000,000; d. 2% on excess over $1,000,000 or such other percentage as the Superior Court may determine.
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