Sec. 45a-499zz. Reimbursement of expenses.
97 words·~1 min read·
/ct/title-45a/chapter-802c-trusts/45a-499zz·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(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 defense or administration of the trust, unless the trustee is determined to have committed a breach of 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)If a trustee advances money to protect the trust, the trustee has a lien against the trust property to secure reimbursement of the money with reasonable interest.