Costs of administration

  1. Law
  2. Maine Revised Statutes
  3. TRUSTS
  4. MAINE UNIFORM TRUST CODE
  5. DUTIES AND POWERS OF TRUSTEE
  6. Costs of administration

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§805. Costs of administration

In administering a trust, the trustee may incur only costs that are reasonable in relation to the trust property, the purposes of the trust and the skills of the trustee.   [PL 2003, c. 618, Pt. A, §1 (NEW); PL 2003, c. 618, Pt. A, §2 (AFF).]

SECTION HISTORY

PL 2003, c. 618, §A1 (NEW). PL 2003, c. 618, §A2 (AFF).


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