Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 53-12-211 - Compensation of cotrustees and successor trustees — Georgia Law | CourtGPT
  1. Home/
  2. Laws/
  3. Georgia/
  4. Title 53 - Wills, Trusts, and Administration of Estates (§§ 53-1-1 — 53-17-12)/
  5. Chapter 12 - Revised Georgia Trust Code of 2010/
  6. Article 11 - Trustees/
  7. Part 2 - Compensation/
  8. Section 53-12-211 - Compensation of cotrustees and successor trustees
Georgia Legal Code

Section 53-12-211 - Compensation of cotrustees and successor trustees

Ask AI about this
Unless any separate written agreement provides otherwise:(1) Each cotrustee shall be compensated as specified by the terms of the trust, as each trustee may have agreed or in accordance with a published fee schedule, and such compensation among cotrustees shall not be apportioned unless they shall agree otherwise; and(2) The annual fee paid pursuant to subparagraph (c)(2)(B) of Code Section 53-12-210 shall be apportioned among trustees and successor trustees according to the proportion of time each rendered services during the year.Amended by 2011 Ga. Laws 181,§ 11, eff. 5/12/2011.Added by 2010 Ga. Laws 506,§ 1, eff. 7/1/2010.