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§ 30-4-5-17 — Indiana Law | CourtGPT
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  2. Laws/
  3. Indiana/
  4. Title 30 - Trusts and Fiduciaries/
  5. Article 4 - Trust Code/
  6. Chapter 5 - Rules Governing the Administration of A Trust30-4-5-0.5. Application of Uniform Principal and Income Act/
  7. § 30-4-5-17
Indiana Legal Code

§ 30-4-5-17

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(Compensation if Trustee Breaches Trust)(a) In a proceeding in which the trustee is found to be in breach of trust, the court may in its discretion either deny him all compensation, allow him a reduced compensation, or allow him full compensation.(b) In the exercise of its discretion under subsection (a) of this section, the court may consider, among others, the following facts:(1) whether the breach of trust was intentional, negligent, or without fault;(2) whether or not the trustee acted in good faith;(3) whether or not the breach of trust resulted in a loss to the trust estate;(4) if a loss results, whether the trustee has indemnified the trust estate; and(5) whether the trustee's services were of value to the trust estate.Formerly: Acts 1971, P.L.416, SEC.6.