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The Administration of Estates Act regulates executor fees by way of a set tariff of 3.5% (excl. VAT) of the gross value of assets in the estate, and 6% (excl. VAT) on all income received into the estate during the estate administration process. The length of the deceased administration process therefore determines how much an executor can charge. Banks seldom give discounts or make concessions on these fees, whereas we charge a reduced rate and aim to finalise estates within nine months. Our business rule is to keep executor charges to a minimum by reducing the turnaround times on all deceased estates. We also offer a 25% indemnification on the 3.5% set tariff, and we do not charge the 6% on income received.