Ohio Executor Fee Calculator

The schedule

Under Ohio Rev. Code 2113.35(A), executors and administrators are allowed fees on all the personal property, including the income from it, that they receive and account for, and on the proceeds of real property that is sold:

• 4% of the first $100,000
• 3% of the amount above $100,000 and not exceeding $400,000
• 2% of the amount above $400,000

R.C. 2113.35(B) adds a fee of 1% on the value of real property that isn't sold, and 1% on the value of all property that isn't subject to administration and that would have been includable for computing the Ohio estate tax, except joint and survivorship property, had the decedent died on December 31, 2012.

Valuation

Real property that is sold is valued at the gross proceeds of sale; all other property at its fair market value at the date of death. The fees in this section are received in full compensation for all ordinary services (R.C. 2113.35(C)).

Worked example

An estate with $500,000 of personal property and no real property: 4% of $100,000 ($4,000) plus 3% of $300,000 ($9,000) plus 2% of $100,000 ($2,000), for $15,000. If the estate also holds a $200,000 house that isn't sold, add 1%, $2,000, for $17,000.

What this calculator doesn't cover

• Denial or reduction. If the probate court finds, after a hearing, that the executor or administrator hasn't faithfully discharged the duties, it may deny compensation or allow reduced compensation (R.C. 2113.35(D)).
• Anything beyond ordinary services. This calculator applies only the R.C. 2113.35 schedule.
• Trusts. This section covers executors and administrators, not trustees.

Frequently asked questions

What percentage does an executor get in Ohio?

R.C. 2113.35(A) allows 4% of the first $100,000, 3% from $100,000 to $400,000 and 2% above $400,000 on personal property, its income and the proceeds of real property sold, plus 1% on real property not sold and 1% on certain property not subject to administration (R.C. 2113.35(B)).

How is property valued for Ohio executor fees?

Real property sold is valued at the gross proceeds of sale; all other property at its fair market value at the date of death (R.C. 2113.35(C)).

Can an Ohio court reduce executor fees?

Yes. If the probate court finds, after a hearing, that the executor or administrator hasn't faithfully discharged the duties, it may deny compensation or allow reduced compensation (R.C. 2113.35(D)).

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