Iowa personal representative compensation

Iowa executor fee calculator

Iowa Code 633.197 sets a real statutory maximum-commission schedule on the gross assets of the estate listed in the probate inventory: 6% of the first $1,000, 4% of the overplus between $1,000 and $5,000, and 2% of all sums over $5,000, received as full compensation for all ordinary services.

Sources reviewed August 9, 2026. Latest primary-source re-fetch October 3, 2026.

How Iowa sets executor compensation

The court may allow only reasonable fees not in excess of these commissions. Gross assets for this section exclude life insurance proceeds unless payable to the decedent's estate. Extraordinary services may be separately allowed by the court.

The calculator applies the Iowa schedule to the value you enter, measured against the gross value of the probate estate. Extraordinary services such as litigation, tax work or managing real property are approved separately on top, and a fee the will fixes controls unless the court is asked to change it.

The figure the Iowa schedule is applied to

The rate is only half of the answer; the other half is the number the rate is applied to, and in Iowa that number is specific. The reviewed rule measures compensation against the gross assets of the estate listed in the probate inventory. Apply the 6/4/2% schedule to the gross assets of the estate listed in the probate inventory, excluding life insurance proceeds unless payable to the decedent's estate (Iowa Code 633.197(2)).

How the Iowa schedule composes, worked through

Each band's rate applies only to its own slice; worked at two amounts:

$300,000 gross assets of the estate listed in the probate inventory
Band of the baseRateCompensation
on the first $1,0006%$60
on the next $4,0004%$160
on the balance above $5,0002%$5,900
Total on this base$6,120
$800,000 gross assets of the estate listed in the probate inventory
Band of the baseRateCompensation
on the first $1,0006%$60
on the next $4,0004%$160
on the balance above $5,0002%$15,900
Total on this base$16,120

Illustrations at round numbers, not a quote for a real estate.

Compensation source

Iowa record: 6/6 verified, 25 matched checks, latest source re-fetch October 3, 2026. Source record · method · report a correction