Georgia § 53-12-211 Compensation of cotrustees and successor trustees

Georgia Statutes

§ 53-12-211 — Compensation of cotrustees and successor trustees

Unless any separate written agreement provides otherwise:

(1)Each cotrustee shall be compensated as specified by the terms of the trust, as each trustee may have agreed or in accordance with a published fee schedule, and such compensation among cotrustees shall not be apportioned unless they shall agree otherwise; and (2) The annual fee paid pursuant to subparagraph (c)(2)(B) of Code Section 53-12-210 shall be apportioned among trustees and successor trustees according to the proportion of time each rendered services during the year.

Free access — add to your briefcase to read the full text and ask questions with AI

Unless any separate written agreement provides otherwise: (1) Each cotrustee shall be compensated as specified by the terms of the trust, as each trustee may have agreed or in accordance with a published fee schedule, and such compensation among cotrustees shall not be apportioned unless they shall agree otherwise; and (2) The annual fee paid pursuant to subparagraph (c)(2)(B) of Code Section 53-12-210 shall be apportioned among trustees and successor trustees according to the proportion of time each rendered services during the year.

Georgia § 53-12-211 (Compensation of cotrustees and successor trustees) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.