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2018 Georgia Code 53-12-212 | Car Wreck Lawyer

TITLE 53 WILLS, TRUSTS, AND ADMINISTRATION OF ESTATES

Section 12. (Revised Trust Code of 2010) Trusts, 53-12-1 through 53-12-506.

ARTICLE 11 TRUSTEES

53-12-212. Extra compensation.

  1. A trustee who is receiving compensation as described in subsection (c) of Code Section 53-12-210 may petition the court for compensation that is greater than the compensation allowed under that subsection. Notice of the petition for extra compensation shall be given to all qualified beneficiaries.
  2. After hearing any objection, the court shall allow such extra compensation as the court deems reasonable. The allowance of extra compensation shall be conclusive as to all parties in interest.

(Code 1981, §53-12-212, enacted by Ga. L. 2010, p. 579, § 1/SB 131; Ga. L. 2018, p. 262, § 16/HB 121.)

The 2018 amendment, effective July 1, 2018, in subsection (a), substituted "Notice of the petition for extra compensation shall be given to all qualified beneficiaries" for "Service of notice of the petition for extra compensation shall be made on all qualified beneficiaries or their guardians or conservators" in the second sentence, and deleted the last sentence, which read: "The court shall appoint a guardian ad litem for each qualified beneficiary who is not sui juris and who does not have a guardian or conservator, and service of notice of the petition for modification of the trustee's compensation shall be made on each such guardian ad litem."

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