Tex. Codes
» Property Code · TITLE 9. TRUSTS · SUBTITLE B. TEXAS TRUST CODE: CREATION, OPERATION, AND TERMINATION OF TRUSTS · CHAPTER 114. LIABILITIES, RIGHTS, AND REMEDIES OF TRUSTEES, BENEFICIARIES, AND THIRD PERSONS
Sec. 114.061. COMPENSATION. (a) Unless the terms of the trust provide otherwise and except as provided in Subsection (b) of this section, the trustee is entitled to reasonable compensation from the trust for acting as trustee.
(b) If the trustee commits a breach of trust, the court may in its discretion deny him all or part of his compensation.
Added by Acts 1983, 68th Leg., p. 3332, ch. 567, art. 2, Sec. 2, eff. Jan. 1, 1984.
Notes of Decisions
In re Est. of Nunu, 542 S.W.3d 67 (Tex. App.—Houston [14th Dist.] 2017).
“The Uniform Declaratory Judgments Act and the Uniform Principal and Income Act are the only two Texas statutes that refer to "fiduciary fees" or "fees of .”
Alpert v. Riley, 274 S.W.3d 277 (Tex. App.—Houston [1st Dist.] 2009).
“See Tex. PROp.Code Ann. § 114.061(b) (Vernon 2007) (“If the trustee commits a breach of trust, the court may in its discretion deny him all or part of his compensation.”
Nacol v. McNutt, 797 S.W.2d 153 (Tex. App. 1990).
“Tex.PROP. Code Ann. § 114.061(a) (Vernon 1984).”
Mabel Walter Rogers, Larry Frank Walter, Co-Tr., Robert Wayne Veigel, Co-Tr., Dorothy Ann Veigel Oswald & Jo Ann Veigel Eudy v. in Re: Ardella Veigel Inter Vivos Trust No. 2, Amarillo Nat'l Bank, Amarillo, Texas, Co-Tr., No. 07-03-00307-CV (Tex. App.—Amarillo Feb. 14, 2005).
“" Tex. Prop. Code Ann. §114.061 (b) (Vernon 1995).”
Untitled Texas Attorney Gen. Opinion, No. GA-0616 (Tex. Att'y Gen. July 2, 2008).
“See Request Letter, supra note 1, at 3-4 (citing TEX. PROP. CODE ANN. §§ 114.061(a), .063(a) (Vernon 2007)).”
Tex. Prop. Code § 114.061(a): 2 cases
Nacol v. McNutt, 797 S.W.2d 153 (Tex. App. 1990).
“Tex.PROP. Code Ann. § 114.061(a) (Vernon 1984).”
Untitled Texas Attorney Gen. Opinion, No. GA-0616 (Tex. Att'y Gen. July 2, 2008).
“See Request Letter, supra note 1, at 3-4 (citing TEX. PROP. CODE ANN. §§ 114.061(a), .063(a) (Vernon 2007)).”
Tex. Prop. Code § 114.061(b): 2 cases
Alpert v. Riley, 274 S.W.3d 277 (Tex. App.—Houston [1st Dist.] 2009).
“See Tex. PROp.Code Ann. § 114.061(b) (Vernon 2007) (“If the trustee commits a breach of trust, the court may in its discretion deny him all or part of his compensation.”
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