Clear Money Guide
What this guide covers
A quick view of the questions and evidence developed below.
Updated August 3, 2026. Quick answer: Missouri’s percentage schedule is a minimum — a floor, not a cap. The court shall allow more where reasonable compensation exceeds it. That is the opposite of how most people read a fee schedule, and the exact opposite of neighbouring Iowa, whose near-identical schedule is a ceiling.
The minimum schedule
RSMo §473.153 sets, as the minimum compensation, percentages of the personal property administered plus the proceeds of real property sold under court order: 5% of the first $5,000; 4% of the next $20,000; 3% of the next $75,000; 2¾% of the next $300,000; 2½% of the next $600,000; and 2% on all over $1,000,000.
Why the word minimum matters
Where reasonable compensation exceeds the schedule, the statute directs the court to allow the additional amount. There is a boundary on it — in the aggregate, not exceeding twice the schedule minimum or 5% of the value administered, whichever is less, with exceptions where real property was taken into possession but not sold, or extraordinary services were performed. So Missouri is a floor with a bounded ceiling, which is a genuinely unusual structure.
The attorney is on the same schedule
Unusually, §473.153 also governs attorneys performing services for the estate, so the same percentages appear twice against one estate — once for the personal representative and once for the lawyer.
What the whole process costs in this state: Missouri probate cost. Every state’s fee model side by side: probate cost by state.
Work out the number: the executor fee calculator. How the standard is applied where no schedule exists: reasonable-compensation states. Whether to take the fee at all: when the executor is also an heir, and how the fee is taxed.
Statutory text read at each state’s own legislature or official code publisher. General information, not legal advice; a court retains the final say on what compensation is allowed.
An executor’s fee only arises if the estate is actually administered, and the answer is on when probate is required in Missouri, which gives Missouri’s qualifying value for the small-estate route and what that route does not reach.
Related: whether Missouri requires the executor to post a bond.