Understanding executor's commission in Queensland: a guide for clients

Serving as an executor can be a daunting task, especially when managing the estate of a loved one. The role comes with numerous responsibilities, and many people are unaware of what these duties entail and how time consuming they can be. Further, most executors do not realise that they may be entitled to compensation for their efforts. This article aims to offer guidance to executors and clarify the circumstances under which compensation may be available.

What Does it Mean to be an Executor?

An executor is an individual who has been appointed by the deceased to administer their estate. The responsibilities of an executor may include:

• applying for a Grant of Probate (if required);