Notice Of Hearing On Application For Attorney Fees Page 31

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1)
An amount to be computed on the fair market value of the
principal of the trust property, 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
$8 per $1000 on the first $200,000 of the fair market value of the
principal;
$6 per $1000 on the next $800,000 of the fair market value of the
principal;
$4.50 per $1000 on all over $1,000,000 of the fair market value of the
principal;
The trustee may charge a minimum fee of $600.
2) There may be allowed an amount equal to 1% of the fair market value
of any distribution or payment from the principal of the trust property.
This amount shall be charged against and deducted from the distribution
or payment.
B. For the purpose of computing the trustee’s compensation as herein
provided, the fair market value of the principal of the trust property shall
be determined by the trustee as of a date, determined by the trustee, such
date to commence during the month of the original receipt of trust
property and each anniversary date thereafter. At the option of the trustee,
fee evaluations may be made on a quarterly basis, each evaluation to be
coordinated with the original annual evaluation date as selected by the
trustee – if this option is selected by the trustee, the trustee must continue
31

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