California Probate Code ARTICLE 5 - Compensation and Indemnification of Trustees

  • Section 15680.
    (a) Subject to subdivision (b), and except as provided in Section 15688, if the trust instrument provides for the trustee’s compensation, the trustee is entitled to...
  • Section 15681.
    If the trust instrument does not specify the trustee’s compensation, the trustee is entitled to reasonable compensation under the circumstances.(Enacted by Stats. 1990, Ch. 79.)
  • Section 15682.
    The court may fix an amount of periodic compensation under Sections 15680 and 15681 to continue for as long as the court determines is proper.(Enacted...
  • Section 15683.
    Unless the trust instrument otherwise provides or the trustees otherwise agree, if the trust has two or more trustees, the compensation shall be apportioned among...
  • Section 15684.
    A trustee is entitled to the repayment out of the trust property for the following:(a) Expenditures that were properly incurred in the administration of the trust.(b) To...
  • Section 15685.
    The trustee has an equitable lien on the trust property as against the beneficiary in the amount of advances, with any interest, made for the...
  • Section 15686.
    (a) As used in this section, “trustee’s fee” includes, but is not limited to, the trustee’s periodic base fee, rate of percentage compensation, minimum fee, hourly...
  • Section 15687.
    (a) Notwithstanding any provision of a trust to the contrary, a trustee who is an attorney may receive only (1) the trustee’s compensation provided in the...
  • Section 15688.
    Notwithstanding any other provision of this article and the terms of the trust, a public guardian or public administrator who is appointed as a trustee...

Last modified: October 22, 2018