N.Y. Surr. Ct. Proc. Act § 2307 (SCPA 2307)
Reviewed source note: (a) For receiving and paying out all sums of money not exceeding $100,000 at the rate of 5 percent. (b) For receiving and paying out any additional sums not exceeding $200,000 at the rate of 4 percent. (c) For receiving and paying out any additional sums not exceeding $700,000 at the rate of 3 percent. (d) For receiving and paying out any additional sums not exceeding $4,000,000 at the rate of 2 1/2 percent. (e) For receiving and paying out all sums above $5,000,000 at the rate of 2 percent.
What this means: Commissions are on 'sums of money' received and paid out (receipts and expenditures), not gross estate. Subdivision (f) lets a will fix different rates/amounts for a corporate executor. Primary text is taken from the New York State Senate's official Open Legislation service over HTTPS. The page carries the publisher's own currentness marker ('Viewing most recent revision (from 2020-01-10)'), which is pinned and re-checked each release. Confirm anything decision-critical with the Surrogate's Court.