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When called upon to act as a personal representative, whether in the capacity of an attorney, executor, or trustee, the issue of compensation is often called into question. The basic starting point for executor or trustee compensation is the will or trust document.
Most people tend to choose a family member or a close friend to act as their executor. However, being an executor is not always an easy task and it is important to choose a competent person for the role. In our experience, it is a good idea to pick a leader, someone who is able to manage and attend to the administration issues in your estate.