633.197 Compensation — schedule of fees. 1. Personal representatives shall be allowed such reasonable fees as may be determined by the court for services rendered, but not in excess of the following commissions uponthe gross assets of the estate listed in the probate inventory, which shall be received as fullcompensation for all ordinary services: a. For the first one thousand dollars, six percent.b. For the overplus between one and five thousand dollars, four percent.c. For all sums over five thousand dollars, two percent.2. For purposes of this section, the gross assets of the estate shall not include life insurance proceeds, unless payable to the decedent’s estate. [C51, §1429; R60, §2454; C73, §2494; C97, §3415; C24, 27, 31, 35, 39, §12063; C46, 50, 54, 58, 62, §638.23; C66, 71, 73, 75, 77, 79, 81, §633.197] 94 Acts, ch 1153, §8; 2005 Acts, ch 38, §11; 2013 Acts, ch 30, §190See also §633.86 and 633.162 Sat Dec 23 11:24:20 2023 Iowa Code 2024, Section 633.197 (36, 0)
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