Tidball's Estate

Citations

• 29 Pa. Super. 363
• 1905 Pa. Super. LEXIS 334

Syllabus

<p>Trusts and trustees — Conditions—Compensation.</p> <p>The question of what is a reasonable compensation to trustees depends largely upon the circumstances of each particular ease, and cannot be determined by an inflexible rule; while in practice it is usually claimed and awarded as a commission, the rate is not determined by an established rule. It may be graduated according to the responsibility incurred, the amount of the estate, and the extent of the services necessarily performed.</p> <p>Where a trustee has received five per cent on $20,000 of income from real estate held in trust and valued at $80,000, and $75.00 counsel fee, he will not be entitled to receive an additional compensation of $800 commissions and $200 counsel fee for the mere act of executing deeds under a decree of the court to the persons entitled to the corpus of the estate. In such a case $200 commissions and $200 counsel fee are sufficient.</p>