Minn. Stat. § 501C.0708
Compensation of Trustee
Minnesota · Minnesota Statutes Chapter 501C — Trusts · Status: effective
Cite this
- Citation
- Minn. Stat. § 501C.0708, Compensation of Trustee, Minnesota, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1738596
- Permanent ID
ys:prov:1738596@1- SHA-256
782bea7e319876060bcdc2af12872ae14307fe4a8813c607ac28494b00b9e923
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) 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.
(b) 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:
(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.