CT SB00013

Creates new fee schedule for decedents dying on or after July 1, 2016, with reduced rates: $25 base fee for estates up to $500; tiered percentages of 1%, 0.35%, 0.25%, and 0.5% for larger estates; maximum fee capped at $40,000 for estates of $8,877,000 or more.

Maintains separate fee schedules for decedents dying between January 1, 2015 and June 30, 2016, and for earlier death dates, each with different thresholds and maximum fees ranging from $12,500 to $40,000.

Fee basis is determined by the greatest of: gross estate for succession tax purposes, inventory, Connecticut taxable estate, or federal gross estate; reduced by 50% for property passing to surviving spouse and adjusted for out-of-state property.

Establishes interest accrual at 0.5% per month for unpaid fees after 30 days, with exceptions for estates under $40,000 or under $500,000 with property passing to a surviving spouse.

Modifies lien provisions to clarify that probate court fees create liens on real property in Connecticut until paid, effective from passage of the act.