Do all the named Executors in the Will have to take out the Probate?
No, the application only requires one Executor. The named Executors who do not wish to act, have two choices. They can either reserve their entitlement to extract a grant. This means they just step aside and could step back in later if needed. They could also renounce their entitlement to extract the Grant of Probate. If this is done, the Executor cannot step back in to the role.
Does the Executor get paid?
The Will should be reviewed to see does it make an provision for payment to the Executor. If the Executor is providing professional services and there is a charging clause in the Will, then the Executor can be paid. This is provided that Executor did not witness the Will, as this invalidates the charging clause. Non professional executors are entitled to their expenses incurred for administering the estate. The Executor has a fiduciary duty to the estate and its beneficiaries and should not gain from the estate.