Fox Rothschild LLP recently issued the following announcement.
When: May 5, 2021 at 12:00pm – 1:30pm
People:Peter S. Myers
Hosted By:The Bar Association of San Francisco
Location:
Webinar
Details:
Few trustees have a good answer to the question, "How much should I be paid?" Their professional advisors often disagree. Some say an hourly rate, some say a percent of the trust assets, and others say a flat retainer. Due to this general lack of agreement few can provide a thoughtful or comprehensive explanation of why they are getting paid what they are. Not surprisingly, many beneficiaries and their professional advisors frequently object to whatever the answer may be. Disagreements about the trustee's compensation are exacerbated during periods of heightened financial uncertainty. This presentation seeks to provide a road map for both trustees and beneficiaries, of how to answer the ubiquitous question, "How much should a trustee be paid?"
Original source can be found here.