P.R. Laws tit. 32, § 3352v
2019-02-20 00:00:00+00
The trustor may set the trustee’s compensation in the trust instrument. If the terms of the trust do not specify the trustee’s compensation, the court shall set the turstee’s compensation, if the trustor does not prohibit it, taking into account the nature of the trust, the trust property value, and the relevance of the trustee’s duties.
The trustee may withhold trust property for compensation and justify it in the next account, unless otherwise provided in the trust instrument. However, if the trustee fails to comply with his fiduciary duties, the court in its discretion may deny him all compensation, or allow more or less compensation.
History —Aug. 31, 2012, No. 219, § 29.