Wyoming Statutes
§ 4-10-708 — Compensation of trustee
Wyoming·Title 04 Fiduciaries·Ch. 10 UNIFORM TRUST CODE·Art. 7 TRUSTEES, TRUST ADVISORS AND TRUST PROTECTORS
(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. The trustee shall notify the
qualified beneficiaries, in writing, of any change in the method
or rate of the trustee's compensation. Notice shall be given not
less than sixty (60) days in advance of any change, unless the
notice is waived by the written consent of all qualified
beneficiaries. The notice of a proposed change in the method or
rate of trustee's compensation shall include:
(i)The current trustee's compensation;
(ii)The proposed change to the trustee's
compensation;
(iii)An explanation of the reasons for the change in
compensation;
(iv)The date upon which the change in compensation
is to take effect; and
(v)The date, not l
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Nearby Sections
15
§ 4-10-1001
Remedies for breach of trust§ 4-10-1002
Damages for breach of trust§ 4-10-1003
Damages in absence of breach§ 4-10-1004
Attorney's fees and costs§ 4-10-1005
Limitation of action against fiduciary§ 4-10-1006
Reliance on trust instrument§ 4-10-1008
Exculpation of fiduciaries§ 4-10-101
Short title§ 4-10-1012
Interest of trustee as general partner§ 4-10-1013
Protection of person dealing with fiduciary§ 4-10-1014
Certification or affidavit of trust