answersLogoWhite

0


Best Answer

Yes. The fee depends on local law and custom. For example, in Illinois a trustee can charge a reasonable fee. Some states have schedules.

User Avatar

Wiki User

16y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: As the surviving spouse of a AB living trust and now the trustee of the remaining family B irrevocable trust am I entitled to a annual fiduciary fee for managing this trust and if so how much?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

After death Is a beneficary entitled to see a copy of an irrevocable trust after death?

After death is a beneficary entitled to see a copy of a testamentary trust?


In Florida is a surviving spouse entitled to a life estate?

Yes.


What is a wife entitled to if you are married in Oklahoma?

Both partners are entitled to fidelity, respect and mutual support. In addition a surviving spouse is entitled to a portion of their spouse's estate. You can read the law of intestacy for Oklahoma at the related link.Both partners are entitled to fidelity, respect and mutual support. In addition a surviving spouse is entitled to a portion of their spouse's estate. You can read the law of intestacy for Oklahoma at the related link.Both partners are entitled to fidelity, respect and mutual support. In addition a surviving spouse is entitled to a portion of their spouse's estate. You can read the law of intestacy for Oklahoma at the related link.Both partners are entitled to fidelity, respect and mutual support. In addition a surviving spouse is entitled to a portion of their spouse's estate. You can read the law of intestacy for Oklahoma at the related link.


What are you entitled to if married for 3 months and husband dies?

You are the surviving spouse and entitle to anything the surviving spouse is entitled to under state and federal laws. You should consult with an attorney who can review your situation and explain your rights and options.


Does the trustee of a irrevocable trust have to notify all family members of what is left in the trust?

The beneficiaries are entitled to an accounting to make sure the trustee is not wasting the trust assets.


If the widow of the deceased remarries is she still entitled to his estate if their are legal heirs involved?

Generally, if she was married to the decedent at the time of death then she is entitled to a portion of the estate as the surviving spouse.


Are you entitled to a lump sum for the upkeep of your daughter following her fathers death?

Generally, no. However, she may be entitled to an inheritance, and if she is a minor, her surviving spouse may hold that inheritance in trust for her.


How many pages does the book Surviving Hitler have?

There are two different books entitled, Surviving Hitler.These are ;Surviving Hitler : A Boy in the Nazi Death Camps which has 160 pages ( paperback ) and Surviving Hitler : The unlikely true story of an SS Soldier and a Jewish Woman which has 277 pages ( hardcover ).


What is the sole beneficiary of a will entitled too?

The sole beneficiary is entitled to any assets remaining after the estate has been probated and the debts of the estate have been paid.


What are you entitled to when your spouse dies?

AnswerIf there is a will, then you are entitled to what it provides. With no will, the laws of your particular state will govern the dividing of the assets, with the surviving spouse being entitled to some percentage, but frequently not all.If not married and live for 5 years and my spouse written and sign by his own on his Will and give it to me, am i still entitled to this Will or not.


Can the legal guardian of children who have an irrevocable trust be entitled to any portion of the money each year?

No. Not unless that option is set forth in the trust. If not only the children are "entitled" to be paid. Any income from the trust must be used for their needs as set forth in the trust.


Can a trustee use the income from an irrevocable trust?

For personal use, only if they are the beneficiary. They are entitled to compensation for their work and to use funds for the benefit of the trust, but these are typically laid out in the trust itself.