Legal Question in Wills and Trusts in New York

trustee reinbursement

What is the top amount a trustee may bill for one's services in New York? The will states ''up to amount allowed by New York State''


Asked on 2/10/02, 10:02 pm

1 Answer from Attorneys
Norman Nadel Norman Nadel, Esq.

Re: trustee reinbursement

The statute provides the following graduated rates:

100M 5%

next 200M 4%

next 700M 3%

next 4,000M 2.5%

Excess 2%

Read more
Answered on 2/11/02, 8:42 am


Related Questions & Answers

More Probate, Trusts, Wills & Estates questions and answers in New York