1155.005 – MAXIMUM AGGREGATE COMPENSATION. Except as
Texas Estates Code § 1155.005
Summary
This law sets a cap on the total compensation that guardians can receive from a ward's estate. Specifically, it limits the aggregate fees to 5% of the gross income and 5% of all disbursements from the estate, ensuring fair compensation for guardianship services.
Caps guardian compensation at 10% of estate income and disbursements.
Court can adjust fees if deemed unreasonably low.
Affects guardians of both the person and estate.
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In simple terms: Learn about Texas's MAXIMUM AGGREGATE COMPENSATION. Except as 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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