In administering a trust, the trustee may incur only costs that are reasonable in relation to the trust property, the purposes of the trust, and the skills of the trustee.
Miss. Code Ann. § 91-8-805
Costs of administration
Known as the Mississippi Uniform Trust Code
The act spans §§ 91–91 (104 sections).
Laws, 2014, ch. 421, § 63, eff from and after July 1, 2014.
Current official text: Mississippi Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Mississippi statutes; confirm against the official source for the current text. Not legal advice.