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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) The guardian of an estate is entitled to reasonable compensation on application to the court at the time the court approves an annual or final accounting filed by the guardian under this title.
(b) A fee of five percent of the gross income of the ward's estate and five percent of all money paid out of the estate, subject to the award of an additional amount under Section 1155.006(a) following a review under Section 1155.006(a)(1), is considered reasonable under this section if the court finds that the guardian has taken care of and managed the estate in compliance with the standards of this title.
Cite this article: FindLaw.com - Texas Estates Code - EST § 1155.003. Compensation for Guardian of the Estate - last updated January 01, 2024 | https://codes.findlaw.com/tx/estates-code/est-sect-1155-003/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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