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2 Ιουν 2023 · In our guide, we break down the compensation details as per the California code, while also discussing factors that may influence a deviation from these guidelines. Discover the nuances of trustee compensation in California and gain a better understanding of your entitlements as a successor trustee. How Much Does A Trustee Get Paid In California?
13 Αυγ 2024 · The concept of what is “reasonable” for a trustee fee is somewhat subjective and varies depending on the circumstances. Understanding what constitutes a reasonable fee is essential for both trustees and beneficiaries to ensure fairness and transparency in trust administration.
10 Δεκ 2018 · What is a reasonable trustee’s fee in California for a family member who acts as trustee? We see a high degree of conflict over this issue even when the amount of the claimed fee is small compared to value of the trust estate.
20 Σεπ 2023 · Explore how trustee fees work in California with Stone & Sallus. Learn about the regulations, factors influencing fees, and how to navigate trustee compensation.
18 Απρ 2024 · While California law states that trustees are entitled to take a reasonable fee, beneficiaries can just as well object to their fees if they have good reason to do so, such as proof that the trustee had been engaged in fiduciary misconduct to misappropriate or misuse trust assets.
18 Οκτ 2022 · The California trustee fee schedule provides guidelines to calculate how much a trustee should receive. It is a reference for trustees to adhere to when paying themselves with trust funds and a way for beneficiaries to understand what is and isn’t reasonable compensation.
If the trust document doesn’t specify the amount of a trustee fee, California Probate Code 15681 states that a trustee is “entitled to reasonable compensation under the circumstances”. Many trusts define an acceptable trustee fee as a percentage of the total trust assets.
