State Codes and Statutes

State Codes and Statutes

Statutes > Nebraska > Chapter30 > 30-3864

30-3864. (UTC 708) Compensation of trustee.(UTC 708) (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. SourceLaws 2003, LB 130, § 64.