As an executor of your parents’ trust you are allowed "reasonable compensation for services.”
In order to determine what “reasonable compensation" is, I look at two sources:
1) California Probate Code Section 10800
The first is the California Probate Code Section 10800, which sets fees for what an executor or attorney can charge. These fees are based on a sliding scale, starting at 4 percent of the first $100,000, 2 percent of the next $100,000, etc. For example, the executor’s fees on a $300,000 estate would be $8,000.
2) Other Fee Standards
The other source I look at is, “What would a bank or financial institution charge?” The banks publish a fee schedule, and you can contact a bank directly for their fees. Typically, a bank will charge 1-1/2% to 2% per year, for their fees. Each institution has the right to set fees.