Ky. Rev. Stat. § 388.300

Current through Acts Received April 24, 2024
Section 388.300 - Compensation of guardian or conservator

Compensation payable to guardians or conservators shall not exceed five percent (5%) of the income of the ward during any year, but in no event shall the amount of such compensation be less than fifty dollars ($50) for each year. In the event of extraordinary services rendered by any guardian or conservator, the court may, upon petition and after notice to the Veterans Affairs and hearing thereon, authorize reasonable additional compensation therefor payable from the estate of the ward. Notice of such petition and hearing shall be given to the proper office of the Veterans Affairs in the manner provided in KRS 388.280. No commission or compensation shall be allowed on the estate received from a preceding guardian.

KRS 388.300

Amended by 2017 Ky. Acts ch. 42,§ 29, eff. 6/29/2017.
Effective:7/1/1982
Amended 1982 Ky. Acts ch. 141, sec. 124, effective7/1/1982. -- Amended 1962 Ky. Acts ch. 250, sec. 1. -- Created 1942 Ky. Acts ch. 25, sec. 11.