In most cases yes. The determination of whether you will be entitled to trustees’ fees will be based upon the trust document itself. Because the trust is a private document, the person creating the trust had the ability to state whether the trustee is entitled to compensation. So long as it is provided for in the trust, a trustee can either take a set sum per year, or a percentage of the trust assets per year. If you are the trustee of a trust, it is important to have an attorney review the trust document before you begin to pay yourself compensation. Paying yourself trustees fees when you may not have been entitled to them could be a breach of fiduciary duty and cause for removal as trustee.