How are trustee's fees determined?

April 15, 2005

Subject:  trustee fees
Date:  Wed, 30 Mar 2005
From:  Olga

Can you tell me how a trustee's fees are determined?

Thanks,
Olga

Answer

Date:  Fri, 01 Apr 2005

Hello Olga,

I suggest that you consult with an attorney. Unlike estates, there are generally no statutory fee schedules for trustees. When writing trust provisions, it can be helpful to spell out how the trustee should be compensated. It helps avoid arguments later.

Good luck!
Mike Gray

For answers to new questions, subscribe to our newsletter, Michael Gray, CPA's Tax & Business Insight by filling out the form below.


Home    Newsletter Archive    Introducing Michael Gray, CPA    Articles    Tax FAQ   Need Help?    Other Links


Michael Gray, CPA
2482 Wooding Ct.
San Jose, CA 95128
(408) 918-3162
FAX: (408) 938-0610
Hours: 8am - 5pm PDT Monday - Friday

Find us on Facebook
Follow me on Twitter
Connect on LinkedIn
Our Blog

Subscribe to Michael Gray, CPA's
Tax & Business Insight


We respect your email privacy