Overview

charging clause


'charging clause' can also refer to...

 

More Like This

Show all results sharing this subject:

  • Law

GO

Show Summary Details

Quick Reference

A clause in a trust entitling a trustee to charge for his services. When a solicitor or some other professional person is appointed trustee, he is usually authorized to charge for his services. In the absence of such a clause, and subject to there being no contrary intention expressed, the Trustee Act 2000 (s 29) enables the reasonable remuneration of professional trustees (except sole trustees or charitable trustees).

Subjects: Law.


Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.