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Code · Massachusetts · Part II — REAL AND PERSONAL PROPERTY AND DOMESTIC RELATIONS · Title II — PROCEEDINGS IN CRIMINAL CASES · Chapter 203E

Section 708: Compensation of trustee

96 words·~1 min read·/ma/part-ii/title-ii/chapter-203e/708

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Section 708. Compensation of trustee
(a)If the terms of a trust do not specify the trustee's compensation, a trustee shall be entitled to compensation that is reasonable under the circumstances.
(b)If the terms of a trust specify the trustee's compensation, the trustee shall be 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.
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