Wills & Trusts – Trustee Fees – Trustee’s Omissions 
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Published: July 22, 2010
Tags: Judge Everett A. Martin Jr., Norfolk Circuit Court, Virginia Circuit Courts, Wills & Trusts
Although a trustee failed to make tax filings and provide accountings and made one imprudent investment, he has managed the trust in good faith, increased its value and paid beneficiaries over $120,000, and a Norfolk Circuit Court says the trustee has not forfeited his right to reasonable compensation.
The trustee kept meticulous records of the income ...
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