IAEA full authority: no confirmation hearing needed
Two statutory fees, on the same schedule
Probate Code §10800 sets the executor's fee, and §10810 sets the attorney's fee, at the identical graduated percentage: 4% of the first $100,000 of estate value, 3% of the next $100,000, 2% of the next $800,000, and lower percentages above that. Both are paid separately — the estate effectively pays this schedule twice.
Gross value, debts ignored entirely
The calculation starts from the appraised value on the Inventory and Appraisal filed with the court. Mortgages and other debts are not subtracted, so a house appraised at $800,000 with a $500,000 mortgage still counts at its full $800,000 for fee purposes — a detail that can consume a disproportionate share of the actual inheritance on a property-heavy, debt-heavy estate.
Up to 13.3% state tax on the gain
California taxes capital gains as ordinary income, with no preferential rate for long-term holdings — the highest state marginal rate in the country. See Capital Gains Tax on the Sale for the full breakdown.