Connecticut § 45a-499yy Compensation of trustee.

Connecticut Statutes

§ 45a-499yy — Compensation of trustee.

Connecticut·Title 45a Probate Courts and Procedure·Ch. 802c Trusts

(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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(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.

Connecticut § 45a-499yy (Compensation of trustee.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.