Arkansas Statutes

§ 28-73-708 — Compensation of trustee

Arkansas·Title 28
(a)If the terms of a trust do not specify the trustee's compensation, a trustee is entitled to compensation that is reasonable under the circumstances.
(b)If the terms of a trust specify the trustee's compensation, the trustee is entitled to be compensated as specified, but the court may allow more or less compensation if:
(1)the duties of the trustee are substantially different from those contemplated when the trust was created; or (2) the compensation specified by the terms of the trust would be unreasonably low or high.

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Legislative History

Acts 2005, No. 1031, § 1.

Nearby Sections

15
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