Estate of Constance R. Grant - Page 24




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               We reject the estate’s position that the personal represen-             
          tatives of decedent’s estate would have been entitled to maximum             
          compensation under Md. Code Ann., Est. & Trusts, sec. 7-601(b) in            
          the amount of $32,237.  The maximum compensation of the personal             
          representative of an estate prescribed by that section is de-                
          signed to compensate such representative for all of the ordinary             
          work of administering an estate subject to administration, see               
          Lehman v. Kairys, 217 Md. 359, 364, 142 A.2d 546, 548 (1958);                
          Talbert v. Reeves, 211 Md. 275, 283, 127 A.2d 533, 538 (1956),               
          and is determined by reference to the amount of property subject             
          to administration.  The value of decedent’s property as of the               
          date of her death that was subject to administration was no more             
          than $11,253.8  Thus, the maximum compensation of the estate’s               
          personal representatives under Md. Code Ann., Est. & Trusts, sec.            







               8The value of decedent’s non-Trust property as of the date              
          of decedent’s death was $11,253.  Included within that non-Trust             
          property was a money market mutual fund account with a balance of            
          $7,228, which decedent and Ms. Adams jointly owned on the date of            
          decedent’s death.  The parties do not address whether under                  
          Maryland law that jointly owned money market mutual fund account             
          would be considered property subject to administration.  We                  
          assume for purposes of this Opinion that the jointly owned money             
          market mutual fund account was property subject to administration            
          in Maryland, an assumption which favors the estate in calculating            
          the maximum compensation payable to a personal representative                
          under Md. Code Ann., Est. & Trusts, sec. 7-601(b).                           





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