Idaho

 

 

Idaho is one of several states that generally follow the Uniform Probate Code regarding executor compensation, in that “reasonableness” is the main standard. ┬áThis standard prevails even above provisions of a will, in that as long as there is no actual contract between the executor and the decedent, the executor may, as a matter of right, renounce the will’s provisions for compensation and fall back on the statutory provisions.

However, if the provisions of the will are not renounced, or there is a contract with the decedent, or the will conditions nomination of an executor upon his acceptance of the will’s provisions for compensation, then the will’s provisions will apply regardless of their “reasonableness.”

Like most states, Idaho requires that an executor only be compensated for acts done in good faith for the benefit of the estate, and allows for a number of factors, including skills applied, amount of work involved, local market rates, and results obtained, to be considered in determining  compensation.