Notice Of Hearing On Application For Attorney Fees Page 30
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52$5 per $1000 on the first $100,000 of the fair market
value of the principal;
$4 per $1000 on the next $200,000 of the fair market value of the
principal
$3.50 per $1000 on the next $700,000 of the fair market value of
the principal
$3 per $1000 on all over $1,000,000 of the principal.
For the purpose of computing a guardian’s compensation as herein provided in (a) or
(b) above, the fair market value of the principal shall be determined by the guardian as of
the date of his appointment and as of each anniversary thereafter. The compensation so
determined may be charged during the ensuing year. The annual principal valuation shall
be adjusted from time to time to reflect additions to and withdrawals from the principal of
the estate, and the compensation for the remaining portion of the annual period shall be
similarly adjusted to reflect such revised valuation.
SUP. R. 74
TRUSTEE’S COMPENSATION
RULE 74.1
TRUSTEE’S COMPENSATION
A.
Except where the instrument creating the trust makes provision for
compensation, a testamentary trustee may charge annually for ordinary
services performed by the trustee in connection with the administration of
each separate trust estate, compensation in accordance with its fee
schedule for inter vivos trusts, or if it has no such fee schedule then as set
forth in Local Rule 74.1.
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Form 270 - Notice Of Filing Of Final Report Of Trustee, Of Hearing On Applications For Compensation [and Of Hearing On Abandonment Of Property By The Trustee]
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