{"data":{"id":"us-ms/miss.-code-ann.-91-8-708","jurisdiction":"us-ms","citation":"Miss. Code Ann. § 91-8-708","heading":"Compensation of trustee, trust advisor and trust protector.","body":"(a) If the terms of a trust do not specify the trustee’s, trust advisor’s, or trust protector’s compensation, and if the settlor, if living, or otherwise a majority of the qualified beneficiaries as defined in Section 91-8-103, have not otherwise agreed with the trustee, trust advisor, or trust protector, a trustee, trust advisor, or trust protector is entitled to compensation that is reasonable under the circumstances.\n(b) If the terms of a trust specify the trustee’s, trust advisor’s, or trust protector’s compensation, the trustee, trust advisor, or trust protector is entitled to be compensated as specified in the trust, but the court may allow more or less compensation if:\n(1) The duties of the trustee, trust advisor, or trust protector are substantially different from those contemplated when the trust was created; or\n(2) The compensation specified by the terms of the trust would be unreasonably low or high.\n(c) Factors for the court to consider in deciding upon a trustee’s, trust advisor’s, or trust protector’s compensation shall include the size of the trust, the nature and number of the assets, the income produced, the time and responsibility required, the expertise required, any management or sale of real property or closely held business interests, any involvement in litigation to protect trust property, and other relevant factors.\n(d) Subject to the court’s authority as provided in subsection (b), regardless of its form of entity, the fees set forth in the published fee schedule of a trustee, trust advisor, or trust protector that is regulated by the Mississippi Department of Banking and Consumer Finance, the equivalent regulatory agency of another state, the Office of the Comptroller of the Currency, or the Office of Thrift Supervision shall be presumed to be reasonable, unless otherwise provided by the terms of the trust.","path":["Title 91. Trusts and Estates","Chapter 8. Mississippi Uniform Trust Code","Article 7. Office of Trustee."],"source_url":"https://archive.org/download/gov.ms.code.ann.2018/release78.2020.07.08/gov.ms.code.title.91.odt","current_through":"2020-07-08","vintage":"Mississippi Code Release 78 (2020-07), retrieved 2026-09-17","retrieved_at":"2026-10-27T05:54:53Z","sha256":"09435a612ac471fdd43af275fd2037c198a414d63059c5c38dd1e81553457a8f","source_id":"us-ms","stale":false,"prev":"us-ms/miss.-code-ann.-91-8-707","next":"us-ms/miss.-code-ann.-91-8-709","notices":[{"id":"open-us-law","title":"Open US Law compilation","text":"Compilation CC BY 4.0, Open US Law (Vaquill AI). GroundRules uses only the releases published under CC BY 4.0: from v2026.09 the compilation is licensed CC BY-NC 4.0, and GroundRules does not use those releases. Each affected row names its release in its vintage label. GroundRules parsed and filtered the compilation to retain enacted text.","url":"https://huggingface.co/datasets/vaquill/open-us-law","license_url":"https://creativecommons.org/licenses/by/4.0/"},{"id":"pro-ms","title":"Mississippi Release 78 supplement","text":"Mississippi electronic product files were republished by Public.Resource.Org under a public-domain dedication. GroundRules uses enacted text from Release 78 only as a labeled supplement to the newer Open US Law rows.","url":"https://archive.org/details/gov.ms.code.ann.2018"}]},"notice":"GroundRules: Original legal text. Not legal advice."}