§ 805 — Costs of administration

Illinois § 805

• Jurisdiction: Illinois
• Topic: RIGHTS AND REMEDIES
• Ch. 760: TRUSTS AND FIDUCIARIES
• Act 760 ILCS 3/: Illinois Trust Code.
• Art.: Article 8 - Duties and Powers of Trustee

Text

In administering a trust, the trustee may incur only costs that are reasonable in relation to the trust property and the purposes of the trust.

Legislative History

(Source: P.A. 101-48, eff. 1-1-20 .)