Fiduciary Fees | Ohio

Under Section 2113.35 of the Ohio Revised Code , fiduciary fees for ordinary services are calculated based on the fair market value of the assets as follows: : 4% of the first $100,000 3% of the next $300,000 2% of the remaining balance above $400,000

: 1% of the value of certain assets not subject to probate administration (excluding joint and survivorship property) for deaths occurring after 2012. Key Considerations Section 2113.35 - Ohio Revised Code Fiduciary Fees Ohio

: 1% of the value of real estate that is transferred to beneficiaries rather than being sold. Under Section 2113

In Ohio , a fiduciary (such as an executor or administrator of an estate) is legally entitled to compensation for their work in managing and settling an estate. These fees are largely dictated by the , which sets standard rates based on the value of assets handled. Statutory Fee Schedule These fees are largely dictated by the ,