Tenn. Code § 34-1-112

Current through Acts 2023-2024, ch. 1069
Section 34-1-112 - Compensation to fiduciary
(a) The fiduciary may receive reasonable compensation for services rendered. The court shall set the actual compensation to be paid, taking into account:
(1) The complexity of the property of the minor or person with a disability;
(2) The amount of time the fiduciary spent in performing fiduciary duties;
(3) Whether the fiduciary had to take time away from the fiduciary's normal occupation;
(4) Whether the services provided the minor or person with a disability are those the fiduciary should normally have provided had there been no need for a fiduciary, and
(5) Such other matters as the court deems appropriate.
(b) No person, other than a person performing temporary fiduciary services while a proceeding is pending, who has not been appointed by the court to serve as a fiduciary shall receive any compensation for fiduciary services; however, this does not preclude payment for the necessary care of the minor or person with a disability.
(c) No compensation to the fiduciary shall be paid without prior court approval.

T.C.A. § 34-1-112

Acts 1992, ch. 794, § 13; T.C.A. § 34-11-112.