Legal Question in Wills and Trusts in Texas

trustee compensation

My father had Alzheimers and as the trustee, I have handled the buying and selling of rental property as well as the settlement of a lawsuit against him before his death. The trust says I am entitled to ''reasonable compensation'' . Am I entitled to any % of these transactions that took a great deal of time away from my work & family? Thank you.


Asked on 9/03/08, 12:42 pm

1 Answer from Attorneys
Donald McLeaish McLeaish&Associates;, P.C.

Re: trustee compensation

Most fees are 5% for money coming in and 5% for money disbursed..to my memory but I know of no law on the matter...ie case decisions or statutes in Texas

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Answered on 9/03/08, 1:18 pm


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