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What are reasonable trustee fees? Determine reasonable trustee fees and the typical trustee pay for administering a trust. ... What amounts of trustee's fees must be paid on a testamentary trust? ... But if the trustee seeks compensation, all the law requires is that is must be "reasonable" -- a muzzy standard indeed.
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www.caring.com/questions/trustee-fees
www.caring.com/questions/trustee-fees
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OK, let's have a quick review of trustee fees. ... 15681. If the trust instrument does not specify the trustee's compensation, the trustee is entitled to reasonable compensation under the circumstances.
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ezinearticles.com/?Trustee-Fees:-How-Much-is-Enough-and...
ezinearticles.com/?Trustee-Fees:-How-Much-is-Enough-and-How-Much-is-Too-Much?&id=6268
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Typically, the trustee's fee provision in trust agreements will authorize the trustee to be paid a "reasonable fee" for its services. Probate Code Section 15680 provides for "reasonable compensation." Clients often ask h...
http://gltlaw.com/weekly.cfm/ID/22/Review/Y
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The minimum Annual Trustee Fee will be US$1,500.00 (plus disbursements). Landmark will be entitled to make reasonable charges for services of other than acting as Trustee, which may include (but not be limited to);
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www.smithlaw.bm/landmark/pages/schedule.html
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Again, I think that demonstrates that a percentage-based trustee fee is not a priori "unreasonable" -- at least not where Craig lives. As for how to set a "reasonable" trustee fees, Craig suggests looking at the trust instrument first, which often sets forth fee limits.
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www.legalspring.com/articles/misc-legal-moderated/20060...
www.legalspring.com/articles/misc-legal-moderated/20060520/65628_Trustee---What-is--R.html
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Out of pocket expenses and reasonable Trustee fees will be paid periodically throughout the course of the trust administration. But note that the beneficiaries of the trust can challenge the fees paid by filing a lawsuit against the successor Trustee if the trust beneficiaries believe that the fees are unreasonable...
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wills.about.com/od/overviewoftrusts/tp/trusteefees.htm
wills.about.com/od/overviewoftrusts/tp/trusteefees.htm
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FOUNDATION TRUSTEE FEES: Use and Abuse; By Christine Ahn, Pablo Eisenberg and Channapha Khamvongsa; The Center for Public and Nonprofit Leadership, Georgetown Public Policy Institute; September 2003; ... This report is not intended as a definitive study of trustee fees. It examines the; 1998 990-PF reports submitted to...
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cpnl.georgetown.edu/doc_pool/TrusteeFees.pdf
cpnl.georgetown.edu/doc_pool/TrusteeFees.pdf
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Trustee Fees: How Much is Enough and How Much is Too Much? plus articles and information on Wealth-Building ... OK, let's have a quick review of trustee fees. ... 15681. If the trust instrument does not specify the trustee's compensation, the trustee is entitled to reasonable compensation under the circumstances.
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ambafrance-do.org/wealth-building/4857.php
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Also your state laws on trustee fees should be reviewed. The PIA does address this but the laws are relatively speaking new so there may not be a lot of case law defining your situation. As for hiring a law firm, that is certainly a reasonable step for a trustee to do.
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www.laweasy.com/q/Friend_Trustee_-_Fees/20070227061720
www.laweasy.com/q/Friend_Trustee_-_Fees/20070227061720
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