Value of Rings; Compensation of Administrator Reduced

Value of rings determined by purchase prices from four years before, rather than an appraiser by a jeweler who did not actually examine the rings and misstated the size of the diamond in one of the rings. Compensation of the administrator at $104 an hour, or 14.3% of the estate, was reduced to 5% when there was nothing special or extraordinary in the estate warranting additional compensation. Johnson Estate, 12 Fid.Rep.3d 181 (Monroe O.C. 2022).

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