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Tennessee Code Title 34. Guardianship § 34-1-112

Current as of January 02, 2024 | Updated by Findlaw Staff

(a) The fiduciary may receive reasonable compensation for services rendered. The court shall set the actual compensation to be paid, taking into account:

(1) The complexity of the property of the minor or person with a disability;

(2) The amount of time the fiduciary spent in performing fiduciary duties;

(3) Whether the fiduciary had to take time away from the fiduciary's normal occupation;

(4) Whether the services provided the minor or person with a disability are those the fiduciary should normally have provided had there been no need for a fiduciary, and

(5) Such other matters as the court deems appropriate.

(b) No person, other than a person performing temporary fiduciary services while a proceeding is pending, who has not been appointed by the court to serve as a fiduciary shall receive any compensation for fiduciary services; however, this does not preclude payment for the necessary care of the minor or person with a disability.

(c) No compensation to the fiduciary shall be paid without prior court approval.

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Cite this article: FindLaw.com - Tennessee Code Title 34. Guardianship § 34-1-112 - last updated January 02, 2024 | https://codes.findlaw.com/tn/title-34-guardianship/tn-code-sect-34-1-112/

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