estate administrator fees in kind

[dandeter]

As administrator of a family member's estate, it was agreed that rather than taking cash for executor or fiduciary fees I received the car.  When working on the estate's taxes, does the value of the car get included under "executor fees" or not since it was not cash?

[Anonymous_ · Accepted solution]

If you accepted anything of value from the estate instead of cash, then the value of the property you accepted would be the amount of your fee as fiduciary.