UNIFORM FEE SCHEDULE GUIDELINE FOR COMMISSIONERS OF ACCOUNTS APPROVED BY THE SUPREME COURT OF VIRGINIA Effective July 1, 2008 Fees of Commissioners of Accounts By statute, each Circuit Court sets the fees for its Commissioner(s) of Accounts(including Assistant Commissioners of Accounts and any Deputy Commissioners of Accounts). This Uniform Fee Schedule Guideline is an attempt to provide uniformity among the various Circuit Courts. The Commissioner of Accounts receives no funds from either the State or local government. His or her revenue is derived entirely from filing fees paid by the users of the system. The Commissioner pays the expenses of operating his or her office out of the filing fees. These filing fees compensate the Commissioner of Accounts for his or her work and the work of his or her staff in auditing accounts, answering questions of fiduciaries, resolving disputes between beneficiaries and fiduciaries, and enforcing the requirement that fiduciaries file timely and proper accounts. Inventories Assets Fee Guardian for Minor- Any amount- $ 50.00 Probate and All others 0 - $ 50,000 $100.00 50,001 - 200,000 $150.00 200,001 - 500,000 $200.00 Above 500,000 $250.00 NOTE: Based upon assets under the control of the fiduciary, including real estate over which the fiduciary has the power of sale, but not including projected income. | First Account of a Decedent's Estate Assets from Inventory plus Additions Fee 0 - $ 50,000 $ 200.00 50,001 - 100,000 400.00 100,001 - 200,000 500.00 200,001 - 300,000 600.00 300,001 - 500,000 750.00 500,001 - 700,000 900.00 700,001 - 1,000,000 1,200.00 Above 1,000,000 1,200.00 plus .00075 in excess of $1,000,000, not to exceed a total fee of $10,000.00 (except as may be approved by the Court) NOTE: "Assets from Inventory" for a decedent's estate means the probate assets, including real estate over which the fiduciary has the power of sale (Parts 1 and 3 of the Inventory). "Additions" are receipts, capital gains, and adjustments (Lines 2, 3, and 4 of the Account Summary). Second and Subsequent Accounts of a Decedent's Estate The fee shall be determined by applying the fee schedule for a First Account to the assets brought forward (at market value) plus additions during the accounting period. Statements In Lieu of Account Fee Statement in Lieu $ 75.00 Notice of Intent to File 75.0 NOTE: fees are statutory Va. Code Section 26-20.1 Attribution to SUPREME COURT OF VIRGINIA Subject to change without notice |