Rule 7.1. Personal Representative’s Fee
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Alaska Rules of Court › Alaska Probate Rules › Alaska Probate R. 7.1
Text
A personal representative’s fee shall be reasonable. The
following factors may be considered in determining the
reasonableness of the fee:
(1) the time and labor reasonably required of the
personal representative;
(2) the complexity of the estate;
(3) the skill and training required to perform the personal
representative’s duties;
(4) the amount and degree of individual liability to which
the personal representative may be exposed during the
performance of the personal representative’s duties;
(5) the amount of time taken from the personal
representative’s profession;
(6) the expenses and costs incurred by the personal
representative and whether those expenses and costs were
charged to the estate;
(7) whether the personal representative retained agents
and the fees charged, if any, by those agents;
(8) if the personal representative served in more than one
capacity as attorney, accountant, appraiser, property manager,
investment advisor, or another capacity, whether the personal
representative charged separately for those other services or
did not charge for those services;
(9) whether one or more persons or corporate fiduciaries
are appointed personal representative; and
(10) other equitable factors deemed relevant.
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