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§ 13-36-078 — Alaska Law | CourtGPT
  1. Home/
  2. Laws/
  3. Alaska/
  4. Title 13 - Decedents' Estates, Guardianships, Transfers, Trusts, and Health Care Decisions/
  5. Chapter 36 - Trust Administration/
  6. Article 3 - Trustees.sec. 13.36.070. General Duty Not Limited/
  7. § 13-36-078
Alaska Legal Code

§ 13-36-078

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Except as otherwise provided in the trust instrument, (1) a trustee is entitled to be reimbursed out of the trust property, with interest as appropriate, for (A) expenses that were properly incurred in the administration of the trust; and (B) expenses that were not properly incurred in the administration of the trust to the extent necessary to prevent unjust enrichment of the trust; (2) if the trustee advances money for the protection of the trust, the trustee has a lien against trust property to secure reimbursement of the money and payment of reasonable interest on the money.