HB 27 Maryland House of Delegates · 2025 Regular Session

Estates and Trusts - Compensation of Guardians of Property and Trustees

HB 27 clarifies compensation rules for guardians managing property (for minors or incapacitated adults) and trustees managing trusts in Maryland. It sets specific, calculable rates: 6% on rental income, tiered percentages (6.5%, 5%, 4%, 3%) on other income, and fixed percentages (0.4%, 0.25%, 0.15%, 0.1%) on principal assets. Trustees can now charge reasonable fees under the circumstances or use the new schedule, and final distribution allowances are capped at 0.5% of distributed assets. These changes replace previous ambiguous provisions with clear, standardized rates for guardianship and trust administration.

Bill status signed all 5 stages cleared

Introduction

Oct 2024

Committee Review

Mar 2025

House of Delegates Passage

Apr 2025

Senate Passage

Apr 2025

Signed into Law

Apr 2025

Introduced Oct 31, 2024 Signed Apr 22, 2025

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What changed between versions

First - Estates and Trusts - Compensation of Guardians of Property and Trustees → Third - Estates and Trusts - Compensation of Guardians of Property and Trustees · 5 edits

MODERATE

This bill updates the compensation rules for guardians managing estates and trustees administering trusts. It clarifies that guardians receive the same compensation as trustees for income and expenses, removes the requirement for a court petition to receive standard compensation, and adjusts fee structures for income and corpus distributions. The changes aim to streamline compensation processes and ensure fair payment for estate management services.

Scope change

The bill maintains its focus on estates and trusts but clarifies the relationship between guardian and trustee compensation standards.

ELIGIBILITY

Guardians are now explicitly entitled to the same compensation and reimbursement as trustees for actual and necessary expenses, removing previous ambiguity.

REQUIREMENT

Removed the requirement that guardians must file a petition or hearing to receive standard compensation and expenses.

FISCAL

Updated income commission rates and corpus commission percentages for guardians managing estates, with specific tiered percentages for different income levels and asset values.

TIMELINE

Added committee report and house action dates indicating the bill was favorably reported and adopted by the House.

DEFINITION

Clarified that income collected includes portions withheld by payors in compliance with revenue law, and defined how commissions are calculated when estates terminate mid-year.

Floor votes · Senate Mar 15, 2025 · House of Delegates Feb 20, 2025

How they voted

46–0

Passed

Total votes 46

Mar 15, 2025

D Democratic33

33 Yea

100% Yea

R Republican13

13 Yea

100% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Apr 22, 2025

Signed into law

Approved by the Governor - Chapter 224

executive

Apr 2, 2025

Lower · Passed

Returned Passed

lower

Apr 2, 2025

Upper · Passed

Third Reading Passed

upper

Mar 27, 2025

Upper · Passed

Favorable Adopted Second Reading Passed

upper

Mar 27, 2025

Upper · Passed

Favorable Report by Judicial Proceedings

upper

Mar 15, 2025

Senate · Passed

Senate Vote: pass (46-0)

senate

Feb 21, 2025

Committee

Referred Judicial Proceedings

upper

Feb 20, 2025

Lower · Passed

Third Reading Passed

lower

Feb 18, 2025

Lower · Passed

Favorable Adopted Second Reading Passed

lower

Feb 17, 2025

Lower · Passed

Favorable Report by Judiciary

lower

Jan 8, 2025

Committee

First Reading Judiciary

lower

Oct 31, 2024

Introduced

Pre-filed

lower

1 primary · 0 co-sponsors