Legal Question in Wills and Trusts in California
can trustees deduct a fee from an estate
Asked on 1/19/18, 2:23 pm
1 Answer from Attorneys
Aaron Feldman
Feldman Law Group
The short answer is YES. Under the Probate Code and most Trusts themselves contain language stating that the Trustee is entitled to a "reasonable" fee.
Sometimes parties can have disputes over what is a reasonable fee, but a Trustee is entitled to compensation for services in nearly every case. Also, sometimes the fees are not appropriate because the Trustee is acting for his interest as a beneficiary, not as Trustee. If you have any questions about the fees being charged, you should consult with an attorney.
Answered on 1/19/18, 2:29 pm