Legislation - SB0019

Title: Estates and Trusts - Compensation of Guardians of Property and Trustees
Sponsored by: Senator West
Status: In the Senate - Hearing 1/23 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:: Judicial Proceedings

Details

Cross-filed with: HB0027

Bill File Type: Pre-Filed

Effective Date(s): October 1, 2025

History

Legislation History
Chamber Senate Calendar Date 10/19/2024 Legislative Date 10/19/2024 Action Pre-filed Proceedings
Chamber Senate Calendar Date 1/08/2025 Legislative Date 1/08/2025 Action First Reading Judicial Proceedings Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Estates and Trusts - Compensation of Guardians of Property and Trustees Proceedings
Chamber Senate Calendar Date 1/09/2025 Legislative Date 1/09/2025 Action Hearing 1/23 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	10/19/2024	10/19/2024	Pre-filed
Senate	1/08/2025	1/08/2025	First Reading Judicial Proceedings
			Text - First - Estates and Trusts - Compensation of Guardians of Property and Trustees
Senate	1/09/2025	1/09/2025	Hearing 1/23 at 1:00 p.m.

File Code

Subjects

Statutes