Sec. 45a-499yy. Compensation of trustee.
89 words·~1 min read·
/ct/title-45a/chapter-802c-trusts/45a-499yy·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(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.