§ 524.3-721 — Proceedings for Review of Employment of Agents and Compensation of Personal Representatives and Employees of Estate
Plain-Language Summary
This section lets the court review both the personal representative's decision to hire people to help administer the estate and how much those people, and the personal representative, are paid. On notice to interested persons, on an interested person's petition, or by motion in a supervised administration, the court may examine whether employing any person (such as an attorney, auditor, investment advisor, or other specialized agent or assistant) was proper and whether their compensation, or the compensation the personal representative set for personal representative services, is reasonable. Anyone who received excessive compensation from the estate may be ordered to refund it.
524.3-721 PROCEEDINGS FOR REVIEW OF EMPLOYMENT OF AGENTS AND COMPENSATION OF PERSONAL REPRESENTATIVES AND EMPLOYEES OF ESTATE.
After notice to all interested persons or on petition of an interested person or on appropriate motion if administration is supervised, the propriety of employment of any person by a personal representative including any attorney, auditor, investment advisor or other specialized agent or assistant, the reasonableness of the compensation of any person so employed, or the reasonableness of the compensation determined by the personal representative for personal representative services, may be reviewed by the court. Any person who has received excessive compensation from an estate for services rendered may be ordered to make appropriate refunds.
History:
1974 c 442 art 3 s 524.3-721; 1986 c 444
History: History: 1974 c 442 art 3 s 524.3-721; 1986 c 444