Oregon Revised Statutes Chapter 130 § 130.635 — UTC
Oregon Revised Statutes Chapter 130 ·
Oregon Code § 130.635·Enacted ·Last updated March 01, 2026
Statute Text
UTC
708. Compensation of trustee.
(1) If the terms of a trust do not specify the trustees compensation, a
trustee is entitled to compensation that is reasonable under the circumstances.
(2) If the terms
of a trust specify the trustees compensation, the trustee is entitled to be
compensated as specified, but the court may allow more or less compensation if:
(a) The duties of
the trustee are substantially different from those contemplated when the trust
was created; or
(b) The
compensation specified by the terms of the trust would be unreasonably low or
high.
(3) If more than
one trustee is serving and the terms of the trust do not specify the trustees
compensation, the compensation paid to all trustees under this section shall be
based on the total services provided by all trustees.
(4) If the terms
of a trust do not specify the trustees compensation, the fees paid to third
parties, including but not limited to financial advisors, who perform trustee
functions must be taken into account in determining reasonable trustee
compensation under this section. [2005 c.348 §57; 2013 c.529 §16]
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 130.635
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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