SENATE BILL 1417 |
SENATE AUTHOR: Lindsay |
EFFECTIVE: 09-01-01 |
HOUSE SPONSOR: Thompson |
Senate Bill 1417 amends the Texas Probate Code to entitle a guardian or temporary guardian of an estate to reasonable compensation at the time the court approves any annual or final accounting, and it authorizes the court to review and modify the amount if the court finds the amount unreasonably low. The bill provides that the five percent fee is considered reasonable if the court finds that the guardian has complied with certain standards. The bill authorizes a guardian to be reimbursed for the payment of attorney's fees in connection with the management of an estate or any other guardianship matter.