Section 16 Fiduciaries; compensation and expenses
[Text of section effective until July 1, 2011. Repealed by 2008, 521, Sec. 38. See 2008, 521, Sec. 44.]
Section 16. An executor, administrator, guardian, conservator or trustee shall be allowed his reasonable expenses, costs and counsel fees incurred in the execution of his trust, and shall have such compensation for services as the court may allow. Such compensation, expenses, costs and counsel fees may be apportioned between principal and income as the court may determine.