The law does not usually impose a rigid number of days or months for trustees to distribute assets. Instead, it applies a more flexible standard: distributions must be made within a reasonable time. What counts as reasonable depends on the complexity of the trust, the types of assets involved, and the risks that remain outstanding.

This article provides a comprehensive guide to executor and trustee compensation in California, including statutory references, examples, co-fiduciary arrangements, and practical drafting tips.

Unlike some states that simply say “reasonable compensation,” New York uses a statutory commission system for both trustees and executors, though the details differ. This article provides a comprehensive overview of trustee and executor compensation in New York, including statutory formulas, income rules, co-fiduciary arrangements, and examples. We’ll also explore when the trust or will may override the default rules, how courts resolve disputes, and how New York compares to