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New Mexico · Through 2024-04-26

46A-7-708: Compensation of trustee.

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Where this section sits in the code
  1. Chapter 46A - Uniform Trust Code
  2. ARTICLE 7 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 2026-09-03T15:02:19Z. Source file · JSON

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