Trustee Comp and an Analysis of CA Rules of Court 7.776

The Probate Litigation Subcommittee of the Estate Planning, Probate and Trust Section presents

How Much is Too Much? Trustee Compensation and an Analysis of California Rules of Court 7.776

Date Wednesday, May 5, 2021 
Program 12:00 - 1:15 p.m.
MCLE 1 Hour in Estate Planning, Trust & Probate Law Specialization Law


Josh Yager, Esq., CFP, ChFC
Peter S. Myers, Partner
Fox Rothschild, LLP

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?”

This presentation answers the following questions:

  • Should I charge an hourly rate and if so in what amount?
  • Should I charge a percent of the trust portfolio like the corporate trustees do?
  • If I delegate investment duties to a third party, should my fee go down?
  • Can I charge more if I serve a particularly “high demand ”beneficiary?
  • How do I determine what the “custom in the community” is?
  • Is there any statutory guidance on what my fee should be?

Section Co-Chairs

Alicia Gámez, Law Office of Alicia M. Gámez
James Patrick Lamping, LawOffice of James P. Lamping
Howard Slavitt, Coblentz, Patch, Duffy & Bass

Event Code: G210509

For a printable flyer, click here.

For related events, click here


 FREE BASF Law Student
 $40 Section Member
 $50 BASF Member
 $65 Nonmember
  Join or Renew Today and Save!


To Register

  1. Sign-in to your account and select Register Myself at the bottom of the page.
    • Use Forgot Username or Forgot Password if you don't know your account information. Don't have an account? Select Create Account
  2. Select Proceed to Checkout to enter payment information, submit your order and complete the registration process.

Program Access

A link to access the Zoom webinar will be sent in your confirmation e-mail prior to the start of the event. If you do not receive login credentials, please double check your Spam Folder. If you have any trouble, please contact as soon as possible before the program starts so we can assist with troubleshooting. You may need to consult your local IT technician for connection issues.

MCLE Notice

To receive MCLE credit, you must sign in during the designated MCLE registration period. This activity is approved for Minimum Continuing Legal Education credit by the State Bar of California. BASF is a certified provider: Provider #103


People with disabilities and/or special requests should contact BASF regarding reasonable accommodations.

5/5/2021 12:00 PM - 1:15 PM
Online only CA
Online registration not available.

Sign In