What is the name of your state? California
I am the Trustee of my grandmothers estate written and settled in CA, I live in FL. I have read that I am entitled to a salary for serving as Trustee. Is that true and if it is true, what is a reasonable salary and how do I calculate that?
The Trust has been open for over a year, it is very complicated and time consuming. I have kept track of my hours along the way. I have had to take time off of work, travel to CA and will now have to go back to CA. There are investment properties along with a residence that have contributed to the delay in closing the trust out.
Thanks,
I am the Trustee of my grandmothers estate written and settled in CA, I live in FL. I have read that I am entitled to a salary for serving as Trustee. Is that true and if it is true, what is a reasonable salary and how do I calculate that?
The Trust has been open for over a year, it is very complicated and time consuming. I have kept track of my hours along the way. I have had to take time off of work, travel to CA and will now have to go back to CA. There are investment properties along with a residence that have contributed to the delay in closing the trust out.
Thanks,