If the trust is a living trust, probate will be avoided for the assets held in the trust,
and ... The Primary Responsibilities of the Executor and Duties of a Successor
Trustee . ... A Trustee is entitled to receive “reasonable compensation” for
Oct 20, 2012 ... Our sister, who was named successor trustee tells us, if we challenge what she
self-determines is reasonable pay,... ... the trust instrument itself to be certain of
the compensation provisions. ... Wills and Living Wills Lawyer.
IV COMPENSATION OF THE TRUSTEE. .... “successor trustee”) is responsible for
settling the trust in the manner required by law. Where there is no ... loss and for
getting a reasonable investment return on trust assets while the trust is being.
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.
With the increased use of the Intervivos Trust as the standard “middle class”
estate plan, ... on Wills and Trusts and the Irrevocable Living Trust before reading
further. ... Since Trusts can last decades and thus require successor Trustees,
even if a ... time records of the trustee to determine reasonable compensation,
using the ...
Dec 9, 2015 ... The living trust successor trustee takes over management of a trust when the ...
trustee is entitled to reasonable compensation unless the trust ...
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.
(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.
Jan 18, 2013 ... A trustee is entitled to compensation for services as provided in the trust ... or “
reasonable compensation” when the trust instrument “does not specify the ... With
Living Settlors, is it Safe for Trustees To Go Back in the Water?
The trustee and beneficiaries will be legally required to abide by the trust terms
..... either through determining reasonable compensation, or through the trustee
... If a beneficiary of a revocable living trust is not known to the successor trustee,