38 CFR §13.220
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
- (a)Authority. The Hub Manager with jurisdiction over a fiduciary appointment may determine whether a fee is necessary to obtain the services of a fiduciary. A fee is necessary only if no other person or entity is qualified and willing to serve without a fee and the beneficiary's interests would be served by the appointment of a qualified paid fiduciary. The Hub Manager will not authorize a fee if the fiduciary:
- (b)Limitation on fees. The Hub Manager will authorize a fiduciary to whom a fee is payable under paragraph (a) of this section to deduct from the beneficiary's account a reasonable monthly fee for fiduciary services rendered.
- (1)For purposes of this section, reasonable monthly fee means a monetary amount that is authorized by the Hub Manager and does not exceed 4 percent of the monthly VA benefit paid to the fiduciary on behalf of the beneficiary for a month in which the fiduciary is eligible under paragraph (b)(2) of this section to collect a fee.
- (2)A monthly fee may be collected for any month during which the fiduciary:
- (3)Fees may not be computed based upon:
- (i)Any one-time, retroactive, or lump-sum payment made to the fiduciary on behalf of the beneficiary;
- (ii)Any funds conserved by the fiduciary for the beneficiary in the beneficiary's account under § 13.200 or invested by the fiduciary for the beneficiary under § 13.210, to include any interest income and return on investment derived from any account; or
- (iii)Any funds transferred to the fiduciary by a prior fiduciary for the beneficiary, or from the personal funds of patients or any other source.
- (4)The Hub Manager will not authorize a fee for any month for which:
- (i)VA or a court with jurisdiction determines that the fiduciary misused or misappropriated benefits, or
- (ii)The beneficiary does not receive a VA benefit payment. However, the Hub Manager may authorize a fee for a month in which the beneficiary did not receive a benefit payment if VA later issues benefits for that month and the fiduciary: