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.
Tenn. Code Ann. § 35-15-805
Costs of administration
Known as the Tennessee Uniform Trust Code
The act spans §§ 35-15-1001 to 35-15-901 (113 sections).
Acts 2004, ch. 537, § 63.
Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.