22 апр. 2021 г. · The general rule under the present law is that trustees should not be paid for acting as such. This rule is founded on the principles that ...

Section 50 of this. Act provides that Trustees cannot be paid remuneration. However it may be noted that Indian Trust Act 1882 does not apply to public.

Trustees of Living Trusts can receive compensation in the form of a percentage of the trust estate (for example, 1% of estate value) or what's termed as ...

31 июл. 2010 г. · 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 for ...

Trustees can be compensated in two ways: a flat fee or a percentage of the trust assets. Flat fees are usually based on the amount of work involved.

Trustees are entitled to compensation for their work. The amount of trustee compensation depends on the type of trustee and the complexity of the trust.

Trustee is not entitled to get any salary. But if that trustee is a legal advisor or chartered accountant of the trust or rendering any services like that of a ...

Typically, either the trust document or state law says that trustees can be paid a "reasonable" amount for their work.

According to the Indian Trusts Act, a trustee has no right to get a salary unless a provision for such salary has laid down in the instrument (Deed) of the ...

A trustee, being a person engaged in any profession or business for whom no benefit or remuneration is provided in the instrument, is entitled to charge and be ...