ARTICLE 5. Compensation and Indemnification of Trustees

Article 5 enacted by Stats. 1990, Ch. 79.

§§ 15680–15688 · 9 sections

• § 15680 (a) Subject to subdivision (b), and except as provided in Section 15688, if the trust instrument provides for the trustee’s compensation, the trustee is…
• § 15681 If the trust instrument does not specify the trustee’s compensation, the trustee is entitled to reasonable compensation under the circumstances.
• § 15682 The court may fix an amount of periodic compensation under Sections 15680 and 15681 to continue for as long as the court determines is proper.
• § 15683 Unless the trust instrument otherwise provides or the trustees otherwise agree, if the trust has two or more trustees, the compensation shall be apportioned…
• § 15684 A trustee is entitled to the repayment out of the trust property for the following: (a) Expenditures that were properly incurred in the administration of the…
• § 15685 The trustee has an equitable lien on the trust property as against the beneficiary in the amount of advances, with any interest, made for the protection of the…
• § 15686 (a) As used in this section, “trustee’s fee” includes, but is not limited to, the trustee’s periodic base fee, rate of percentage compensation, minimum fee,…
• § 15687 (a) Notwithstanding any provision of a trust to the contrary, a trustee who is an attorney may receive only (1) the trustee’s compensation provided in the…
• § 15688 Notwithstanding any other provision of this article and the terms of the trust, a public guardian or public administrator who is appointed as a trustee of a…