Massachusetts General Laws

Mass. Gen. Laws ch. 203C, § 8 (2026)

Costs incurred

✓ current as of July 2026
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Section 8. In investing and managing trust assets, a trustee shall incur only costs that are appropriate and reasonable in relation to the assets, the purpose of the trust, and the skills of the trustee.

Notes of Decisions
Cited in 1 case, 2014–2014 · leading case: The Woodward Sch. for Girls, Inc. v. City of Quincy, 13 N.E.3d 579 (Mass. 2014).
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The Woodward Sch. for Girls, Inc. v. City of Quincy, 13 N.E.3d 579 (Mass. 2014). “See *173 G. L. c. 203C, § 8 (trastee may incur “costs that are appropriate and reasonable in relation to the assets, the purpose of the trust, and the skills of the trustee”).”
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