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FL H1195

Bill

Status

Failed

5/3/2019

Primary Sponsor

Toby Overdorf

Click for details

Origin

House of Representatives

2019 Regular Session

AI Summary

HB 1195 - Attorney Compensation

  • Amends sections 733.6171 and 736.1007 of Florida Statutes to delete provisions determining reasonable attorney compensation for personal representatives and trustees and delete petition procedures to increase or decrease compensation.

  • Retains statutory fee schedules for ordinary services: personal representative attorneys receive $1,500 for estates up to $40,000, plus tiered percentages ranging from 3% to 1% for larger estates; trustee attorneys receive 75% of the personal representative schedule.

  • Maintains allowance for extraordinary services compensation (will contests, tax advice, estate tax return preparation, ancillary administration, etc.) subject to court review upon petition of interested persons.

  • Clarifies that separate written compensation agreements between attorneys and personal representatives/trustees/settlors must be disclosed to interested persons and cannot obligate employment but cap compensation if attorney who drafted will or agreement is employed.

  • Takes effect July 1, 2019; also updates related statutes 733.106 and 736.1005 regarding costs, attorney fees assessment, and court discretion in directing payment sources.

Legislative Description

Attorney Compensation

Last Action

Died in Civil Justice Subcommittee

5/3/2019

Committee Referrals

Civil Justice Subcommittee3/8/2019

Full Bill Text

No bill text available