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

Section 709: Reimbursement of expenses

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A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Section 709. Reimbursement of expenses

(a)A trustee shall be entitled to be reimbursed out of the trust property, with interest as appropriate, for:

(1)expenses that were properly incurred in the administration of the trust; and

(2)expenses that were not properly incurred in the administration of the trust, to the extent necessary to prevent unjust enrichment of the trust.

(b)An advance by the trustee of money for the protection of the trust shall give rise to a lien against trust property to secure reimbursement with reasonable interest.

{HG4}ARTICLE 8 {HG4C}DUTIES AND POWERS OF TRUSTEE