Trustee - An individual or bank or trust company that holds legal title to property ...
Especially when a fiduciary assumes office at the grantor's or testator's death, it is
... These include funeral expenses, appraisal fees, attorney's and accountant's ...
Every trust must have a trustee with designated duties to perform. These duties
may include paying the trust's bills and filing tax returns. The trustee can receive ...
Fee Schedules for Commonly used Trusts (Exceptions are listed below) and ...
Grantor Retained Annuity Trust); Successor Trustee Fee Schedule at the Death
Oct 23, 2012 ... Trustee Fees Most trust agreements state that the trustee is entitled to a ... Thus, it
is probably reasonable for a trustee under a revocable trust to ...
Did the Trustmaker address Trustee fees in the trust agreement? ... If the
Revocable Living Trust is silent on fees or provides for the payment of "
reasonable" fees ...
Nov 5, 2012 ... Hello, I am the Trustee of my Aunt's Revocable Trust. ... A Trustee may bill the
Trust a "reasonable fee" for his services, and NEVER can bill a ...
Dec 11, 2014 ... If you have been appointed the trustee of a trust, this is a strong vote of
confidence ... Depending on whether the trust is revocable or irrevocable and
whether it ... Fees. Trustees are entitled to reasonable fees for their services.
The trustee named to administer the trust when the settlor dies (usually called the
. “successor .... In general, the process of settling a revocable trust at the death of
the settlor is very similar to ... However, the time and cost savings from “avoiding.
While revocable trusts certainly offer some advantages vis-à-vis wills as a means
of ... In many jurisdictions the grantor and the trustee can be the same person. ...
This can include annual bond fees, annual accounts and additional legal and ...
Executors must deal with probate; trustees of revocable living trusts normally do
not. ... An Executor is entitled to a “statutory fee” for services performed.