Marshall v. First National Bank Alaska

OPINION

EASTAUGH, Justice.

I. INTRODUCTION

We consider here a trust beneficiary’s claim that the superior court should have ordered the former trustee to repay fees it charged the trust for unsuccessfully opposing the beneficiary’s request for a change in trustee. Per AS 13.36.055, an “interested person” may dispute the “reasonableness” of a trustee’s compensation and seek recovery of “excessive compensation” paid by the trust. Because the superior court’s apparent reasons for denying the repayment petition were legally erroneous, we remand for determination of whether the compensation was…