Is a trustee entitled to indemnity for all costs and expenses properly incurred in the due administration of a trust?
Alberta, Canada
The following excerpt is from Deans v. Thachuk, 2005 ABCA 368 (CanLII):
Generally, trustees are entitled to indemnity for all costs and expenses properly incurred in the due administration of the trust, including solicitor-client costs “in all proceedings in which some question or matter in the course of the administration is raised as to which the trustee has acted prudently and properly”: Thompson v. Lampert, 1945 CanLII 2 (SCC), [1945] S.C.R. 343 at 356.
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