Does the Keene Trust cap the percentage of attorney fees payable in connection with the filing and settlement of Keene claims?
Yes. Section 9.6 of the Procedures restricts the recovery of attorney fees provided in the contract between claimant and counsel to be the lower of the fee provided in the contract between claimant and counsel or 25%, exclusive of costs chargeable to the claimant. The recovery shall be measured by the actual payments from the Trust to the claimant, not the Scheduled Value of the Claim.
Related Questions
- Does the Keene Trust cap the percentage of attorney fees payable in connection with the filing and settlement of Keene claims?
- May the party filing the divorce obtain attorney fees and temporary support from the other party in appropriate situations?
- Doesn the cost of a Revocable Trust exceed the filing fees saved during the probate process?
