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 23, 2012 ... Trustee Fees Most trust agreements state that the trustee is entitled to ... and as
successor trustee to his revocable living trust (beneficiaries ...... The trust allows
for reasonable financial compensation for the successor trustee.
Dec 27, 2012 ... (1) If the terms of a trust do not specify the trustee's compensation, a trustee is
entitled to compensation that is reasonable under the ...
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.
Nov 14, 2014 ... If trustees fees are not mentioned in the declaration of trust, then the law allows
for ... In the typical married couple living trust, the trustors who are the ... It can
state that the trustee is to be paid a “reasonable compensation” but that ... clause
if all of the trust beneficiaries are the successor trustees who...
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 ...
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.
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.
Apr 15, 2016 ... From the Desk of Will and Trust Attorney, San Diego, Kristina R. Hess: Everyone
needs some legal planning. Yes, even your San Diego college ...