34-1-112 - Compensation to fiduciary. - Tennessee Statutes

34-1-112. Compensation to fiduciary.

The fiduciary may receive reasonable compensation for services rendered. The court shall set the actual compensation to be paid, taking into account: the complexity of the property of the minor or disabled person; the amount of time the fiduciary spent in performing fiduciary duties; whether the fiduciary had to take time away from the fiduciary's normal occupation; and whether the services provided the minor or disabled person are those the fiduciary should normally have provided had there been no need for a fiduciary, and such other matters as the court deems appropriate. 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 disabled person. No compensation to the fiduciary shall be paid without prior court approval.

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