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