Notice of increased trustee’s fee.
Iowa Code § 633A.4111
in effect633A.4111. Notice of increased trustee’s fee.
1. As used in this section, “trustee’s fee” includes a trustee’s periodic base fee, rate of percentage compensation, minimum fee, hourly rate, and transaction charge, but does not include fees for extraordinary services.
2. A trustee shall not charge an increased trustee’s fee for administration of a trust unless the trustee first gives at least thirty days’ written notice of the increased fee to all of the following beneficiaries:
a. Each qualified beneficiary.
b. Each beneficiary who was given the last preceding accounting.
c. Each beneficiary who has made a written request to the trustee for notice of an increased trustee’s fee, and has given an address for receiving notice by mail.
3. If a beneficiary files a petition for review of an increased trustee’s fee or for removal of a trustee and serves a copy of the petition on the trustee within the thirty-day period, the increased fee does not take effect until otherwise ordered by the court or the petition is dismissed.
99 Acts, ch 125, §46, 109; 2000 Acts, ch 1150, §24C2001, §633.41112002 Acts, ch 1107, §9; 2005 Acts, ch 38, §54CS2005, §633A.4111
Source: Iowa Legislature (legis.iowa.gov)URL: https://www.legis.iowa.gov/docs/code/2026/633A.4111.pdfFetched: 10/20/2026