Section 2.38 Charging Excessive Fees
| Library | Trusts and Powers 2013 Supp |
d. (§2.38) Charging Excessive Fees
A trustee may be removed for charging excessive fees. See:
· Cornet v. Cornet, 190 S.W. 333 (Mo. 1916)
· Barkley Cemetery Ass’n v. McCune, 95 S.W. 295
(Mo. App. E.D. 1906)
· Sebree v. Rosen, 349 S.W.2d 865 (Mo. 1961)
· Morrison v. Asher, 361 S.W.2d 844 (Mo. App. S.D. 1962)
· George Geason Bogert & George Taylor Bogert, The Law of Trusts and Trustees § 527 (rev. 2nd ed. 1984)
But an agreement regarding fees may supersede what is ordinarily deemed “reasonable.” Estate of...
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