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FL H1195
Bill
Status
5/3/2019
Primary Sponsor
Toby Overdorf
Click for details
AI Summary
HB 1195 - Attorney Compensation
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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.
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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.
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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.
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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.
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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