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Miller Trust Revised with Successor Trustee Arkansas Legal Services Form

Miller Trust Revised with Successor Trustee Arkansas Legal Services Form

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so I'm Jim Cunningham today we're going to talk about how can successor trustees get paid what are reasonable trust fees this is a very very common question that comes up and for many people they say look I've been named successor trustee and do I get paid for this or not if I do how much do I get paid do I get paid a percentage do I get paid some in some other method some is there some other methodology we're going to cover all of that today uh in this video so [Music] how can you get paid well a trustees are entitled to what is called reasonable compensation a reasonable amount of money we're going to talk about what that is because that's something that is is common throughout the law and unfortunately it's not necessarily well defined uh in the law and it is a county by county and we'll cover that but is it an hourly rate is it a fixed rate is it a percentage or a Performance Based you know who decides does the trustee

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