Iowa Code § 633.197

Current through March 29, 2024
Section 633.197 - Compensation - schedule of fees
1. Personal representatives shall be allowed such reasonable fees as may be determined by the court for services rendered, but not in excess of the following commissions upon the gross assets of the estate listed in the probate inventory, which shall be received as full compensation for all ordinary services:
a. For the first one thousand dollars, six percent.
b. For the overplus between one and five thousand dollars, four percent.
c. For all sums over five thousand dollars, two percent.
2. For purposes of this section, the gross assets of the estate shall not include life insurance proceeds, unless payable to the decedent's estate.

Iowa Code § 633.197

94 Acts, ch 1153, §8; 2005 Acts, ch 38, §11; 2013 Acts, ch 30, §190

Amended by 2013 Iowa, ch 30, s 190, eff. 7/1/2013.
Amended by 2013 Iowa, ch 30, s 190, eff. 7/1/2013.
C51, §1429; R60, §2454; C73, §2494; C97, §3415; C24, 27, 31, 35, 39, §12063; C46, 50, 54, 58, 62, §638.23; C66, 71, 73, 75, 77, 79, 81, §633.197
94 Acts, ch 1153, §8; 2005 Acts, ch 38, §11

See also §633.86 and 633.162