Mass. Gen. Laws ch. 203E § 708

Current through Chapter 223 of the 2024 Legislative Session
Section 203E: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.

Mass. Gen. Laws ch. 203E, § 708

Added by Acts 2012, c. 140,§ 56, eff. 7/8/2012.