Can My Trustee Charge for Phone Calls and Emails?

 In Trustee
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Photo by Daniel Korpai on Unsplash

Question:

My trustee charges me for phone calls and responding to my emails – is this legal?

Response:

Yes, unless it adds up so much that a court would find the total charges unreasonable. Different trustees use different methods of billing. Some bill a percentage of the value of the trust, some for their time, and some use a hybrid approach. That said, if the trustee costs are eating up a big portion of the trust and you’re not getting your questions answered, then you may want to discuss the fees with the trustee or switch trustees. Another trustee might be a better fit.

 

Related Articles:

Is a Trustee Entitled to Compensation?

Is My Trustee Overcharging?

What Should I do About a Trustee Who is Overcharging Me?

What is a Standard Trustee Fee?

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