{"id":9348,"date":"2022-09-08T07:37:19","date_gmt":"2022-09-08T11:37:19","guid":{"rendered":"https:\/\/resources.evans-legal.com\/?p=9348"},"modified":"2024-03-23T10:48:20","modified_gmt":"2024-03-23T14:48:20","slug":"trustee-fees-did-not-warrant-termination-of-charitable-trust","status":"publish","type":"post","link":"https:\/\/resources.evans-legal.com\/?p=9348","title":{"rendered":"Trustee Fees Did Not Warrant Termination of Charitable Trust"},"content":{"rendered":"\n<p>The Superior Court has affirmed a summary judgment in favor of the trustee of a perpetual charitable trust, and against the charitable beneficiary, finding that the trustee fees of approximately 28% of the trust income are not &#8220;unreasonably out of proportion&#8221; within the meaning of <a href=\"https:\/\/www.legis.state.pa.us\/cfdocs\/legis\/LI\/consCheck.cfm?txtType=HTM&amp;ttl=20&amp;div=0&amp;chpt=77&amp;sctn=40&amp;subsctn=3\" target=\"_blank\" rel=\"noreferrer noopener\">20 Pa.C.S.A. \u00a7 7740.3(e)<\/a> and so termination of the trust is not warranted.  <em>In re: Trust B Under Agreement of Richard H. Wells dated September 28, 1956<\/em>, ___ A.3d ___, <a href=\"https:\/\/www.pacourts.us\/assets\/opinions\/Superior\/out\/J-A18026-22o%20-%20105264977196897939.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">2022 PA Super 154<\/a> (9\/7\/2022), <em>aff&#8217;d<\/em>, ___ A.3d ___, <a href=\"https:\/\/www.pacourts.us\/assets\/opinions\/Supreme\/out\/J-55-2023mo%20-%20105873791259528118.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">5 WAP 2023<\/a> (Pa. 10\/17\/2023).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Superior Court has affirmed a summary judgment in favor of the trustee of a perpetual charitable trust, and against the charitable beneficiary, finding that the trustee fees of approximately 28% of the trust income are not &#8220;unreasonably out of &hellip; <a class=\"more-link\" href=\"https:\/\/resources.evans-legal.com\/?p=9348\">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":[66,774],"class_list":["post-9348","post","type-post","status-publish","format-standard","hentry","category-opinions","tag-charitable-trusts","tag-termination-of-charitable-trust","pmpro-has-access"],"_links":{"self":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/9348","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=9348"}],"version-history":[{"count":2,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/9348\/revisions"}],"predecessor-version":[{"id":10486,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/9348\/revisions\/10486"}],"wp:attachment":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}