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§18-6-1  Compensation and expenses of trustee. –


Published: 2015

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TITLE 18

Fiduciaries

CHAPTER 18-6

Accounting

SECTION 18-6-1



   § 18-6-1  Compensation and expenses of

trustee. –

Every trustee under any trust instrument, whether previously or subsequently

made, shall be entitled to reasonable expenses and costs incurred in the

execution of the trust, and also reasonable compensation for services rendered

as trustee, which expenses, costs, and compensation may be charged annually or

from time to time and may be equitably apportioned between principal and income

in a manner that the trustee shall determine.



History of Section.

(G.L. 1938, ch. 486, § 26; P.L. 1956, ch. 3838, § 1; G.L. 1956,

§ 18-6-1.)