Nebraska § 30-3865 (UTC 709) Reimbursement of expenses

Nebraska Statutes

§ 30-3865 — (UTC 709) Reimbursement of expenses

Nebraska § 30-3865

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

This text of Nebraska § 30-3865 ((UTC 709) Reimbursement of expenses) 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. § 30-3865 (2026).

Text

(UTC 709) (a) A trustee is entitled to be reimbursed out of the trust property, with interest as appropriate, for:

(1)expenses that were properly incurred in the administration of the trust; and

(2)to the extent necessary to prevent unjust enrichment of the trust, expenses that were not properly incurred in the administration of the trust.

(b)An advance by the trustee of money for the protection of the trust gives rise to a lien against trust property to secure reimbursement with reasonable interest.

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

(UTC 709) (a) A trustee is entitled to be reimbursed out of the trust property, with interest as appropriate, for:
(1) expenses that were properly incurred in the administration of the trust; and
(2) to the extent necessary to prevent unjust enrichment of the trust, expenses that were not properly incurred in the administration of the trust.
(b) An advance by the trustee of money for the protection of the trust gives rise to a lien against trust property to secure reimbursement with reasonable interest.