Legislation - HB0027

Title: Estates and Trusts - Compensation of Guardians of Property and Trustees
Sponsored by: Delegate Cardin
Status: In the House - Hearing 1/22 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Clarifying the commissions that a guardian of the property may charge; authorizing a trustee of a trust to charge compensation that is reasonable under the circumstances; and authorizing trustees who are financial institutions or members of the Maryland Bar to charge compensation that is reasonable under the circumstances and calculated in accordance with a schedule of rates filed with an appropriate agency.

Committees

Original:: Judiciary

Details

Cross-filed with: SB0019

Bill File Type: Pre-Filed

Effective Date(s): October 1, 2025

History

Legislation History
Chamber House Calendar Date 10/31/2024 Legislative Date 10/31/2024 Action Pre-filed Proceedings
Chamber House Calendar Date 1/08/2025 Legislative Date 1/08/2025 Action First Reading Judiciary Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Estates and Trusts - Compensation of Guardians of Property and Trustees Proceedings
Chamber House Calendar Date 1/10/2025 Legislative Date 1/10/2025 Action Hearing 1/22 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	10/31/2024	10/31/2024	Pre-filed
House	1/08/2025	1/08/2025	First Reading Judiciary
			Text - First - Estates and Trusts - Compensation of Guardians of Property and Trustees
House	1/10/2025	1/10/2025	Hearing 1/22 at 1:00 p.m.

File Code

Subjects

Statutes