Jan 16, 2015 ... How much you'll get paid and when you'll receive it depends on many ... left any
guidance as to what the Successor Trustee should be paid.
A trustee is often a close friend or family member of the trustor, however, ... chose
a fee amount for the trustee in good faith and does not interfere with the trustee
fee ... you're considering hiring, you should speak to a lawyer or financial adviser.
Does a trust mandate certain distributions ("All income earned each year is to be
paid to my wife, Nancy") or does it leave this to the trustee's discretion ("My ... to
the fiduciary, such as which assets should be used to pay taxes and expenses.
Should You Accept Payment for Your Work as Trustee? ... Many trustees do, and
it's certainly appropriate to be paid for the real work that comes with serving as ...
These duties may include paying the trust's bills and filing tax returns. ...
Sometimes an irrevocable trust does not mention trustee compensation and the
... Demand Media is not a law firm and this article should not be interpreted as
creating an ...
Nov 8, 2010 ... Typically, a trust wont specify how much a trustee should be paid for their effort.
And yet, unless waived by the settlor, or specifically established ...
Many trusts still refer to A/B trusts, or other sub-trusts that are to be created ... If
the trust says you should to do something, then you should normally ... The
Trustee simply paid herself the $50,000, but did not sell the stock in the
Jan 4, 2016 ... But, what does “reasonable compensation” mean? ... By waiving a trustee fee, a
trustee can keep more resources in the trust and avoid paying ...
Nov 5, 2012 ... Trustee of Revocable Trust -- how much can I be reimbursed ... My job, which is
contractual paid an hourly rate of GT 80 an hour and I also .... Before making
legal decisions, you should discuss your specific circumstances with ...
WHAT DOES AN EXECUTOR OR TRUSTEE HAVE TO DO? ... In either case,
compensation paid to the Executor or Trustee will be taxable income to them.