NRS 150.020(1)
Nevada Revised Statutes, Personal Representative Compensation
- Where the will provides no fee, or the representative gives up every claim to the will’s fee, and also where there is no will, the court allows 4% of the first $15,000, 3% of the next $85,000 and 2% of everything above $100,000.
- The schedule runs on the whole estate the representative has accounted for, less the liens and encumbrances against it.
- Two or more representatives share one fee, divided by the court according to the work each actually did.
The section’s own words
1. If no compensation is provided by the will, or the personal representative renounces all claims thereto, fees must be allowed upon the whole amount of the estate which has been accounted for, less liens and encumbrances, as follows: (a) For the first $15,000, at the rate of 4 percent. (b) For the next $85,000, at the rate of 3 percent. (c) For all above $100,000, at the rate of 2 percent.