Tuesday, July 25, 2017

What is Reasonable Compensation for a Trustee to Settle a Trust Estate?

In most cases the language in a Trust simply states that the Trustee shall be entitled to “Reasonable Compensation” without stating a specific dollar or percentage. All of the following factors shall be considered in determining reasonableness of compensation: The degree of difficulty and novelty of the tasks required of the Trustee. The responsibilities and […]

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