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2021 Kentucky Revised Statutes
Chapter 386B - Uniform trust code
Subchapter 386B.7 - Office of Trustee
386B.7-080 Compensation of trustee.

Universal Citation: KY Rev Stat § 386B.7-080 (2021)
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386B.7-080 Compensation of trustee. (1) (2) 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. 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: (a) The duties of the trustee are substantially different from those contemplated when the trust was created; or (b) The compensation specified by the terms of the trust would be unreasonably low or high. Effective: July 15, 2014 History: Created 2014 Ky. Acts ch. 25, sec. 57, effective July 15, 2014.
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