Jan 16, 2015 ... If the Revocable Living Trust is silent on fees or provides for the ... what a
reasonable fee should be for the services rendered by a Successor Trustee. ... is
entitled to receive compensation in accordance with it's published fee ...
If you have been named as a trustee or successor trustee for someone's trust, you
may ... Today, many people use a revocable living trust instead of a will in their
estate .... Yes, trustees are entitled to reasonable compensation for their services.
If you have a revocable living trust, you probably named yourself as trustee so
you ... your trust document should provide for fair and reasonable compensation.
Home > ABA Groups > Real Property, Trust and Estate Law | American Bar ...
Living Wills, Health Care Proxies, & Advance Health Care Directives · Estate, Gift,
and GST ..... either provide a fixed schedule of fees or allow "reasonable"
compensation, ... If no successor is named, you may need a court proceeding ...
that a Successor Trustee, who is also beneficiary, will administer the trust ... “
Method to Determine Trustee's Reasonable Compensation” form. This document
will ... a Living Trust rather than a Will, the estate will usually avoid the expenses.
Mar 1, 2002 ... A trustee is entitled to reasonable compensation. ..... trust, or upon transfer to a
successor trustee, the aggregate principal commissions allowable shall be .....
bank as trustee of a living trust as the death of the settlor, a reduced.
(A common form of trust used in estate planning is a “revocable” or “living” trust.)
... The fact that you have been named as a successor trustee in someone's trust ...
Your actions (or times of inaction) will be judged against what a reasonable ....
and expenses, including the source and amount of a trustee's compensation.
Aug 28, 2015 ... in the revocable living trust is called the trustee. A trustee ... immediately, or you
may be a successor trustee who can act when she can no .... If the trust does not
specify your compensation, Virginia law permits “compensation ... In all cases,
you need to show that your fee is reasonable according to the.
made the revocable living trust to say who will get her money or property after ...
immediately, or you may be a successor trustee who can act .... reasonable fee.
If you are a trust beneficiary, what should you expect from your trustee? ... Under
Washington law, a trustee is entitled to reasonable compensation for ... successor
trustee for your living trust, it is advisable to discuss that appointment with the.