1155.002 – COMPENSATION FOR CERTAIN GUARDIANS OF THE
Texas Estates Code § 1155.002
Summary
This law allows courts to approve compensation for guardians of individuals who cannot care for themselves. The compensation is limited to a maximum amount based on the ward's income or a flat fee, ensuring guardians are fairly compensated for their responsibilities.
Courts can authorize guardian compensation from the ward's estate.
Compensation is capped at $3,000 per year or 5% of income.
Insufficient estate funds may limit guardian payments.
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In simple terms: Learn about Texas's COMPENSATION FOR CERTAIN GUARDIANS OF THE law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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