How Much Should a Trustee Be Paid? An Analysis of the California Rules of Court 7.776
We will open the Zoom meeting room at 7:15 am for networking! You will be assigned to a breakout room to network with fellow Council members and guests while you enjoy breakfast. It'll be just like sitting at a table at the Westlake Village Inn!
Register by Tuesday, November 10 for breakfast delivery!
Attendees will receive the Zoom link on 12 noon, November 16, the day before the event, and again at 7 am on November 17, the day of the event.
“How much should a trustee be paid?” Few trustees or their professional advisors can provide a thoughtful or comprehensive response to this question. Not surprisingly, many beneficiaries and their professional advisors frequently object to whatever the answer may be. Disagreements about the trustee’s compensation are exacerbated during periods of heightened financial uncertainty. This presentation seeks to provide a road map for both trustees and beneficiaries, of how to answer the ubiquitous question, “How much should a trustee be paid?”
Josh Yager is a recognized expert on the management and oversight of trust assets. He lectures and writes extensively on the policies, procedures and practices for the prudent administration of trusts. He has been invited to speak to various Bar associations, CPA chapters, estate planning councils, Professional Fiduciary Association forums and AICPA national events. Josh has testified on the subject of prudent trustee governance practices before the Texas Pension Review Board, the Alaska Retirement Management Board and has provided expert testimony within the California courts. Josh has led governance consulting engagements for the boards of public pension funds responsible for assets in excess of $30b, foundation and endowment boards with assets in excess of $250m and for individual trustees with modestly funded trusts.
- CalBar, Estate Planning Section
- Estate Planning Counsel, Santa Barbara
- Professional Fiduciary Association of California (PFAC), Affiliate Member
- Financial Planning Association (FPA)
- Admitted to California State Bar
- Certified Financial Planner (CFP®)
- Chartered Financial Consultant (ChFC®)
- Chartered Life Underwriter (CLU®)
- Westmont College, Santa Barbara, CA (92)