Quick answer: Minnesota sets no statutory percentage. Under Minn. Stat. § 524.3-719(a), a personal representative is entitled to "reasonable compensation for services," and subsection (b) narrows that to three factors: the time and labor required, the complexity and novelty of the problems involved, and the extent of the responsibilities assumed and the results obtained. Get an illustrative estimate with the Minnesota executor fee calculator.
Three factors, nothing more
Minn. Stat. § 524.3-719(b): "In determining what is reasonable compensation, the court shall give consideration to the following factors: (1) the time and labor required; (2) the complexity and novelty of problems involved; and (3) the extent of the responsibilities assumed and the results obtained." Compare this to Arizona's 17-factor rule, or Colorado's community-rate-plus-conflict-of-interest test — Minnesota's list is genuinely one of the shortest and plainest in this cluster.
How the will interacts with the statute
§ 524.3-719(a): "If a will provides for compensation of the personal representative and there is no contract with the decedent regarding compensation, the personal representative may renounce the provision before qualifying and be entitled to reasonable compensation." Note the specific condition: this particular before-qualifying renunciation right is tied to there being no separate contract with the decedent about compensation — the statute is precise about when it applies.
General renunciation is broader and has no deadline
§ 524.3-719(a): separately, "a personal representative also may renounce the right to all or any part of the compensation," with a written renunciation that may be filed with the court. Unlike the will-provision renunciation above, this general right isn't stated as tied to a before-qualifying deadline — it reads as available whenever the personal representative decides.
Litigation expenses are a separate section
Minn. Stat. § 524.3-720 covers a personal representative's costs when defending or prosecuting a proceeding in good faith, whether successful or not — distinct from the § 524.3-719 compensation for the ordinary work of administering the estate.
A sense of typical rates
Because there's no statutory number, hourly rates for a family fiduciary's own time in Minnesota vary by county and complexity; illustrative estimates commonly fall in the $30-$60/hr range for non-professional, family-member administration, with professional fiduciaries charging considerably more. These aren't statutory figures — only the three factors above are.
Estimate for general guidance only, not legal advice. Based on Minn. Stat. § 524.3-719 and § 524.3-720. Minnesota sets no statutory percentage or fixed hourly rate; illustrative rate ranges are not set by law. Verify with the probate court or a licensed Minnesota attorney.