A New York surrogate court judge has approved a $91,000 payment to an estate executor, despite a provision in the decedent's will prohibiting commissions to anyone. According to a co-trustee, Bruce L. Goldberg was a close friend of Steven Ostrer, and named him as executor of his $7.4 million estate to save his family money. However, after undertaking the estate duties, Ostrer realized it "was a ton of work" and asked if the family would agree to compensate him, the co-trustee said.
January 13, 2009 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
A New York surrogate court judge has approved a $91,000 payment to an estate executor, despite a provision in the decedent’s will prohibiting commissions to anyone.
Bruce L. Goldberg, who died in January 2007, barred commissions from his $7.4 million estate, “statutory or otherwise, for any executorial or trustee services rendered to my estate, in any jurisdiction.”
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