15 Guam Code Ann. § 2811
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Terms Used In 15 Guam Code Ann. § 2811
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Probate: Proving a will
) The attorney for the personal representative shall be allowed out of the estate, as fees for conducting the ordinary probate proceedings, the same amount as is allowed by Section 2803 of this Title as the commission to the personal representative; provided, that if the personal representative is an attorney, and such attorney or any member, employee or shareholder of his law firm, partnership or professional corporation serves as the attorney for the personal representative, then the commission which shall be allowed to the personal representative, combined with the fees which shall be allowed to the attorney for con- ducting the ordinary probate proceedings, shall be limited to one and
one-half (12) times the amount allowed by Section 2803 of this Title as
the commission to the personal representative.
(b) Attorneys for personal representatives shall be allowed out of the estate, in addition to those fees provided in subsection (a) of this Section, such further amounts as the Superior Court may deem just and reasonable for extraordinary services.
one-half (12) times the amount allowed by Section 2803 of this Title as
the commission to the personal representative.
(b) Attorneys for personal representatives shall be allowed out of the estate, in addition to those fees provided in subsection (a) of this Section, such further amounts as the Superior Court may deem just and reasonable for extraordinary services.
SOURCE: Probate Code of Guam (1970), § 910; Guam Law Revision
Commission.
COMMENT: The only substantive alteration made to § 910 of the Probate Code of Guam (1970) is the addition of the language following the semicolon in subsection (a). The purpose of this addition is to prevent the imposition of double com- missions/fees for less than double work on the part of a personal representative cum attorney. Also see Comment to § 2803, supra.