Does the executor get paid from the estate?

If the will provides specific instructions about the executor receiving payment, the executor will get paid the amount stated in the will, or he or she can decline to receive payment under the will. Instead, the executor can choose to receive payment allowed by law.

If the will does not say anything about compensation, or if there is no will, Nevada law allows the executor or personal representative to receive payment based on the size of the estate. The fee (as of 2018) is 4% of the first $15,000 of the estate; 3% of the next $85,000; and 2% of any amount over $100,000.

These fees are paid in addition to any amount that the executor or personal representative inherits from the estate, if he or she is a beneficiary. The personal representative’s pay is an administrative expense of the estate, and therefore it is paid before most other debts and payments to beneficiaries.