{"id":10347,"date":"2024-01-28T21:29:20","date_gmt":"2024-01-29T02:29:20","guid":{"rendered":"https:\/\/resources.evans-legal.com\/?p=10347"},"modified":"2024-01-28T21:29:21","modified_gmt":"2024-01-29T02:29:21","slug":"trustee-compensation-approved-and-surcharge-denied-for-lack-of-inheritance-tax-discount-removal-of-trustees-denied","status":"publish","type":"post","link":"https:\/\/resources.evans-legal.com\/?p=10347","title":{"rendered":"Trustee Compensation Approved and Surcharge Denied for Lack of Inheritance Tax Discount; Removal of Trustees Denied"},"content":{"rendered":"\n<p>The compensation of the trustees of a revocable trust following the death of the settlor was found to be reasonable, objection to valuation of rare musical instruments was overruled because the actual values could only be determined by sales of the instruments, and surcharge was denied for failure to obtain the 5% discount for payment of inheritance tax within three months of death.  Removal of trustees was denied because of lack of evidence that the trustees did not administer the trust as a prudent person would, and the delay in the sale of musical instruments was excused by the pandemic.  <em>Munroe Trust<\/em>, 1 Fid.Rep.4th 259 (Montgomery O.C. 2023).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The compensation of the trustees of a revocable trust following the death of the settlor was found to be reasonable, objection to valuation of rare musical instruments was overruled because the actual values could only be determined by sales of &hellip; <a class=\"more-link\" href=\"https:\/\/resources.evans-legal.com\/?p=10347\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","footnotes":""},"categories":[34],"tags":[570,477,452,161,306],"class_list":["post-10347","post","type-post","status-publish","format-standard","hentry","category-opinions","tag-inheritance-tax-discount","tag-objections-to-account","tag-removal-of-trustee","tag-surcharge","tag-trustee-removal","pmpro-has-access"],"_links":{"self":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/10347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10347"}],"version-history":[{"count":1,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/10347\/revisions"}],"predecessor-version":[{"id":10348,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/10347\/revisions\/10348"}],"wp:attachment":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}