Mass. General Laws c.203E § 709

Reimbursement of expenses

This is an unofficial version of a Massachusetts General Law.

Section 709

(a)

A trustee shall be entitled to be reimbursed out of the trust property, with interest as appropriate, for:

  • (1) expenses that were properly incurred in the administration of the trust; and
  • (2) expenses that were not properly incurred in the administration of the trust, to the extent necessary to prevent unjust enrichment of the trust.

(b)

An advance by the trustee of money for the protection of the trust shall give rise to a lien against trust property to secure reimbursement with reasonable interest.

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