Section 15686 Of Article 5. Compensation And Indemnification Of Trustees From California Probate Code >> Division 9. >> Part 3. >> Chapter 1. >> Article 5.
15686
. (a) As used in this section, "trustee's fee" includes, but
is not limited to, the trustee's periodic base fee, rate of
percentage compensation, minimum fee, hourly rate, and transaction
charge, but does not include fees for extraordinary services.
(b) A trustee may not charge an increased trustee's fee for
administration of a particular trust unless the trustee first gives
at least 60 days' written notice of that increased fee to all of the
following persons:
(1) Each beneficiary who is entitled to an account under Section
16062.
(2) Each beneficiary who was given the last preceding account.
(3) Each beneficiary who has made a written request to the trustee
for notice of an increased trustee's fee and has given an address
for receiving notice by mail.
(c) If a beneficiary files a petition under Section 17200 for
review of the increased trustee's fee or for removal of the trustee
and serves a copy of the petition on the trustee before the
expiration of the 60-day period, the increased trustee's fee does not
take effect as to that trust until otherwise ordered by the court or
the petition is dismissed.