How much can a trustee charge an estate?
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How much can a trustee charge an estate?
The trustee has retained an attorney. The value of the estate, all money, is approximately $99,000.
Asked on October 26, 2014 under Estate Planning, Nevada
Answers:
Christine Socrates / Christine Sabio Socrates, Atty at Law
Answered 10 years ago | Contributor
Typically, the trustee compensation is stated in the provisons of the trust. If not, then it is determined under the guidelines typically awarded in your area or county. The probate court has a calculation that they use to determine trustee compensation. I usually use that calculation if no compensation guidelines are provided in the trust.
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