2009 Kentucky Revised Statutes
CHAPTER 395 PERSONAL REPRESENTATIVES
395.150 Compensation of representatives.

Download pdf


395.150 Compensation of representatives. (1) The compensation of an executor, administrator or curator, for services as such, shall not exceed five percent (5%) of the value of the personal estate of the <br>decedent, plus five percent (5%) of the income collected by the executor, <br>administrator or curator for the estate. (2) Upon proof submitted showing that an executor, administrator or curator has performed additional services in the administration of the decedent's estate, the <br>court may allow to the executor, administrator or curator such additional <br>compensation as would be fair and reasonable for the additional services rendered, <br>if the additional services were: <br>(a) Unusual or extraordinary and not normally incident to the administration of a decedent's estate; or (b) Performed in connection with real estate or with estate and inheritance taxes claimed against property that is not a part of the decedent's estate but is <br>included in the decedent's estate for the purpose of asserting such taxes. Effective: October 1, 1942 <br>History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 3883.

Disclaimer: These codes may not be the most recent version. Kentucky may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.