Trustee Fees - How Much Should You Pay?

When act as trustee, you should be paid, according to the state of California. How much should these payments be, and where does the funding come from?

Get the answer to these questions and more in this week’s video! We’ll cover:
Which factors determine the amount to be paid to the trustee
How the payments work
How to avoid costly potential mistakes

If you have been named as trustee of a trust and would like assistance with the trust administration process, please contact us at cookmanlaw.com/talk-to-intake-team/?utm_source=You… ✅ Please Subscribe to my channel I put out a new video every week →
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Timestamp:
00:00:00 Here at Cookman Law, we help
00:00:07 One common question that we get
00:00:12 Trust administration is a complicated venture
00:00:20 Choosing a family member or a professional
00:00:34 California probate code governs all
00:01:02 Reasonable compensation under the circumstances
00:01:12 Factors to consider in determining trustee compensation
00:01:45 Court approval for trustee compensation
00:02:04 Executor and attorney fees in probate court process
00:02:52 Trustees are usually paid less than executors
00:04:45 Private professional fiduciaries and individual trustees
00:06:28 Compensation for trustees and income tax implications

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