Section 2-7-803 - Fees of personal representative; schedule(a) If the court determines that by reason of unusual circumstances the fee computed hereafter is not equitable after considering the time and effort reasonably expended and the responsibility with which the personal representative was charged, the court may allow such additional fee as the court determines proper. The court shall allow the personal representative fees for ordinary services rendered to the estate unless the personal representative files a written waiver as to a part or all thereof. The fees shall be computed on the basis of the amount of the decedent's probate estate accounted for as follows: (i) For the first one thousand dollars ($1,000.00) of the basis, ten percent (10%); (ii) For all sums over one thousand dollars ($1,000.00) but not exceeding five thousand dollars ($5,000.00) of the basis, five percent (5%); (iii) For all sums over five thousand dollars ($5,000.00) but not exceeding twenty thousand dollars ($20,000.00) of the basis, three percent (3%); (iv) For all sums over twenty thousand dollars ($20,000.00) of the basis, two percent (2%). (b) In addition, further fees as are just and reasonable may be allowed by the court to the personal representative for extraordinary expenses or services actually incurred or rendered by the personal representative and necessary to the proper administration and distribution of the estate. Extraordinary services shall include but not be limited to services rendered by the personal representative relative to any tax matters and services rendered by the personal representative in connection with any litigation to which the decedent or the estate is a party. (c) The amount of the decedent's probate estate accounted for shall: (i) Include items with which the personal representative is chargeable at their inventory value; (ii) Deduct any loss or add any increase shown by any reappraisement or actual sale occurring during administration; (iii) Add all accretions to the estate which have come into the possession of the personal representative such as interest, dividends and profits on sales, not including money borrowed or refunds of amounts paid by the personal representative; (iv) Deduct the value of property lost or destroyed without fault of the personal representative; and (v) Include accretions in net income, and not the gross income, of any business operated or conducted during administration of the estate.