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Minnesota · Through 2025 Minnesota Statutes

Minn. Stat. § 501C.0708: COMPENSATION OF TRUSTEE.

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Where this section sits in the code
  1. PROPERTY AND PROPERTY INTERESTS
  2. CHAPTER 501C. TRUSTS
  3. OFFICE OF TRUSTEE

(a) If the terms of a trust do not specify the trustee's compensation, a trustee is entitled to compensation that is reasonable under the circumstances.

(b) 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 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.

Collected 2026-09-02T22:10:48Z. Source file · JSON

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