What is an appropriate rate to charge for services as guardian and conservator?
A. An appropriate answer is usually something like “It depends on the circumstances.” Here are a few general guidelines: Family members generally serve without a “fee” although a family member usually keeps a record of out-of-pocket costs and applies for reimbursement. For persons who are appointed to these fiduciary positions who expect and are entitled to be paid a fee for services, the rate can range from $15.00 per hour to over a hundred dollars per hour depending on a number of factors, including: the complexity of the service provided, the amount of responsibility assumed, the outcome or result achieved, time lost from regular employment, rate earned at regular employment, and fees typically charged in the community by similarly skilled persons providing similar services. Conservators and guardians should not expect to charge a fee for time spent in the routine preparation of a fee invoice or a petition for approval of fees. These standards are set out in the Colorado Probate Cod
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