Legal Question in Wills and Trusts in California
trustee fees
How are the fees determined for the trustee of an estate?
Asked on 12/28/06, 2:37 am
1 Answer from Attorneys
Donald Field
Donald L. Field, Jr., Attorney at Law
Re: trustee fees
this depends upon the language of the trust agreement. if there is no provision for fees, then a trustee is entitled to "reasonable compensation".
see: PROBATE CODE SECTION 15680 & 15681 at:
http://www.leginfo.ca.gov/cgi-bin/calawquery?codesection=prob&codebody=&hits=20
Answered on 12/28/06, 12:25 pm