Arizona Revised Statutes (Last Updated: March 31, 2016) |
Title 14. Trusts, Estates and Protective Proceedings |
Chapter 11. ARIZONA TRUST CODE |
Article 10. Liability of Trustees and Rights of Persons Dealing with Trustees |
Sec 14-11004. Attorney fees and costs
Latest version.
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A. A trustee or a person who is nominated as a trustee is entitled to reimbursement from the trust for that person's reasonable fees, expenses and disbursement, including attorney fees and costs, that arise out of and that relate to the good faith defense or prosecution of a judicial or alternative dispute resolution proceeding involving the administration of the trust, regardless of whether the defense or prosecution is successful.
B. A court or arbitrator may order that a party's reasonable fees, expenses and disbursements pursuant to subsection A be paid by any other party or the trust that is the subject of the judicial proceeding.