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Session Laws, 1989
Volume 771, Page 3877   View pdf image
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WILLIAM DONALD SCHAEFER, Governor

Ch. 656

OF

THE PROBATE

ESTATE IS

BUT LESS

THE FEE

AT LEAST

THAN

IS

(I)

$ 10,000

$ 50

(II)

$ 10,000

$ 20,000

$ 100

(III)

$ 20,000

$ 50,000

$ 150

(IV)

$ 50,000

$ 75,000

$ 200

(V)

$ 75,000

$ 100,000

$ 300

(VI)

$ 100,000

$ 250,000

$ 400

(VII)

$ 250,000

$ 500,000

$ 500

(VIII)

$ 500,000

$ 750,000

$ 750

(IX)

$ 750,000

$1,000,000

$1,000

(X)

$1,000,000

$2,000,000

$1,500

(XI)

$2,000,000

$5,000,000

$2,500

(XII)

$5,000,000

$2,500 PLUS

.02% OF
EXCESS OVER

$5,000,000

(3) FOR PURPOSES OF DETERMINATIONS UNDER PARAGRAPH
(2) OF THIS SUBSECTION, THE VALUE OF A PROBATE ESTATE IS THE
AMOUNT, AS REFLECTED IN THE ADMINISTRATION ACCOUNTS FILED IN THE
PROCEEDINGS, THAT EQUALS:

(I) THE SUM OF:

1. THE VALUE OF ALL INVENTORIES FILED IN

THE PROCEEDINGS;

ALL PRINCIPAL AND INCOME RECEIPTS; AND

3. ALL INCREASES REALIZED ON A
DISPOSITION, OTHER THAN A DISTRIBUTION TO BENEFICIARIES, OF ANY
PROBATE ASSET; LESS

(II) ALL DECREASES REALIZED ON A DISPOSITION,
OTHER THAN A DISTRIBUTION TO BENEFICIARIES, OF ANY PROBATE ASSET.

(4) (I) EXCEPT AS PROVIDED IN SUBPARAGRAPH (II) OF
THIS PARAGRAPH, THE REGISTER SHALL ASSESS AND COLLECT THE PROBATE
FEE WHEN THE FIRST ADMINISTRATION ACCOUNT IS FILED.

(II) IF THERE ARE ANY ADDITIONS TO THE VALUE OF
A PROBATE ESTATE, AS REFLECTED IN ANY SUBSEQUENT ADMINISTRATION
ACCOUNT, THE REGISTER SHALL:

ASSESS AN ADDITIONAL FEE IN AN AMOUNT

EQUAL TO THE EXCESS OF:

A. THE FEE AS DETERMINED UNDER PARAGRAPH
(2) OF THIS SUBSECTION BASED ON THE VALUE OF THE PROBATE ESTATE
AS REFLECTED IN THE CURRENTLY FILED ADMINISTRATION ACCOUNT; OVER

- 3877 -

 

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Session Laws, 1989
Volume 771, Page 3877   View pdf image
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