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The 189th General Court of the Commonwealth of Massachusetts

Section 708: Compensation of trustee

[Text of section applicable as provided by 2012, 140, Sec. 66.]

Section 708. Compensation of trustee

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

(b) If the terms of a trust specify the trustee's compensation, the trustee shall be 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.