Common use of Compensation of Trustee Clause in Contracts

Compensation of Trustee. Any individual Trustee serving hereunder shall be entitled to: (Choose One) ☐ - No compensation whatsoever. ☐ - Be paid a reasonable fee from the Trust Estate based on the amount of time expended by such Trustee in carrying out his or her duties hereunder. Any corporate Trustee shall be entitled to be paid a fee based upon its fee schedule from time to time that is required to be published.

Appears in 62 contracts

Samples: Revocable Living Trust, Texas Revocable Living Trust Of, Revocable Living Trust Of

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Compensation of Trustee. Any individual Trustee serving hereunder shall be entitled to: (Choose One) ☐ - No compensation whatsoever. ☐ - Be to be paid a reasonable fee from the Trust Estate Estate, based on the amount of time expended by such Trustee in carrying out his or his/her duties hereunder. Any corporate Trustee shall be entitled to be paid a fee based upon its fee schedule from time to time that is required to be publishedpublished by it.

Appears in 1 contract

Samples: Colorado Revocable Living Trust

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