Compensation of trustee

  1. Law
  2. District of Columbia Code
  3. Descent, Distribution, and Trusts. [Enacted title]
  4. Uniform Trust Code
  5. Office of Trustee
  6. Compensation of trustee

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(a) If the terms of a trust do not specify the trustee’s compensation, a trustee is entitled to compensation that is reasonable under the circumstances.

(b) If the terms of a trust specify the trustee’s compensation, the trustee is entitled to be compensated as specified, but the court may allow more or less compensation if:

(1) The duties of the trustee are substantially different from those contemplated when the trust was created; or

(2) The compensation specified by the terms of the trust would be unreasonably low or high.

(Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208.)

Section References

This section is referenced in § 19-1301.05.

Editor's Notes

Uniform Law: This section is based upon § 708 of the Uniform Trust Code.


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