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.
(Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208.)
Uniform Law: This section is based upon § 805 of the Uniform Trust Code.
Structure District of Columbia Code
Title 19 - Descent, Distribution, and Trusts. [Enacted title]
Chapter 13 - Uniform Trust Code
Subchapter VIII - Duties and Powers of Trustee
§ 19–1308.01. Duty to administer trust
§ 19–1308.04. Prudent administration
§ 19–1308.05. Costs of administration
§ 19–1308.06. Trustee’s skills
§ 19–1308.07. Delegation by trustee
§ 19–1308.08. Powers to direct
§ 19–1308.09. Control and protection of trust property
§ 19–1308.10. Recordkeeping and identification of trust property
§ 19–1308.11. Enforcement and defense of claims
§ 19–1308.12. Collecting trust property
§ 19–1308.13. Duty to inform and report
§ 19–1308.14. Discretionary powers; tax savings
§ 19–1308.15. General powers of trustee