Nebraska § 30-3864 (UTC 708) Compensation of trustee

Nebraska Statutes

§ 30-3864 — (UTC 708) Compensation of trustee

Nebraska § 30-3864

Ch. 30Decedents' Estates; Protection of Persons and Property

This text of Nebraska § 30-3864 ((UTC 708) Compensation of trustee) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Neb. Rev. Stat. § 30-3864 (2026).

Text

(UTC 708) (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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(UTC 708) (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.