§60-1607.8. Compensation of trustee.
101 words·~1 min read·
/ok/title-60-property/60-1607-8A 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. Added by Laws 2025, c. 254, § 47, eff. Nov. 1, 2025.