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Chapter 11

Form 11-17

[Caption. See § 3 of the Introduction in this manual.]

Application for Payment of Trustee’s Compensation

1.[Name of trustee], Trustee, court-appointed trustee of the Management Trust cre­ated for the sole benefit of [name of ward], Ward, an incapacitated person, has filed its first annual account with this Court for the trust pursuant to section 1301.154 of the Texas Estates Code for the period of [date] through [date]. The fee schedule for that time period was attached to the trust agreement and approved at the time of inception of the Trust.

2.Trustee was appointed by this Court on [date], continues to act in its court-appointed capacity, and continues to render services and advance necessary expenses on behalf of the trust and Ward. By reason of the performance of its duties and under the terms of the trust agreement, Trustee requests that this Court, after review and consideration, enter an order authorizing Trustee to collect its fees and expenses under the fee schedule attached as Exhibit [exhibit number/letter] from [date] through [date] in the amount of $[amount].

3.Attached as Exhibit [exhibit number/letter] is the calculation of Trustee’s fees for the period of [date] through [date] in the amount of $[amount]. There are sufficient assets in the trust to pay Trustee’s compensation.

4.Trustee states that its fee schedule is reasonable and necessary for the proper administration of this trust, and the fee schedule conforms with the prevailing charges for sim­ilar services by corporate fiduciaries in [city, county] County, Texas.

Trustee requests that this Court enter an order authorizing Trustee to pay such fees and expenses, pursuant to Exhibit [exhibit number/letter], out of the trust’s assets in the amount of $[amount].

Respectfully submitted,

   
[Name]
Attorney for Trustee
State Bar No.:
[Email address]
[Address]
[Telephone]
[Telecopier]

Attach exhibit(s).