The trustee has the power to pay taxes, assessments, reasonable compensation of the trustee and of employees and agents of the trust, and other expenses incurred in the collection, care, administration, and protection of the trust.
Cal. Prob. Code § 16243
Specific Powers of Trustees
Known as the Trust Law
The act spans §§ 15000–19403 (351 sections).
Applied in 1 court decision — leading case Powell v. Tagami (2018)
Most recently applied in Powell v. Tagami (August 2018)
Enacted by Stats. 1990, Ch. 79.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.