[WSBAPT] Payment to trustee

[pugetsoundlaw at gmail.com]

RCW 11.98.070(26)

 

A trustee, or the trustees jointly, of a trust, in addition to the authority
otherwise given by law, have discretionary power to acquire, invest,
reinvest, exchange, sell, convey, control, divide, partition, and manage the
trust property in accordance with the standards provided by law, and in so
doing may:

.

(26) Pay reasonable compensation to the trustee or co-trustees considering
all circumstances including the time, effort, skill, and responsibility
involved in the performance of services by the trustee and reimburse the
trustee, with interest as appropriate, for expenses that were properly
incurred in the administration of the trust;

 

 

Tara M. Roberts

Puget Sound Law pllc

roberts at pugetsoundlaw.com <mailto:roberts at pugetsoundlaw.com> 

 

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From: wsbapt-bounces at lists.wsbarppt.com
[mailto:wsbapt-bounces at lists.wsbarppt.com] On Behalf Of Lisa Schuchman
Sent: Thursday, March 3, 2016 11:04 AM
To: WSBA Probate & Trust Listserv <wsbapt at lists.wsbarppt.com>
Subject: [WSBAPT] Payment to trustee

 

Hi, all,

 

Where is the statutory authorization for a trustee to get paid for the work?
Thanks.

 

Lisa E. Schuchman
206-325-2801
 <http://www.lisaschuchman.com/> www.lisaschuchman.com

Do something for somebody every day for which you do not get paid. -Albert
Schweitzer

 

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