What is the maximum revocation fee for a special trust according to cemetery guidelines?

Study for the California Cemetery Manager Exam. Prepare with flashcards and multiple choice questions, each accompanied by hints and explanations. Ace your exam with confidence!

The maximum revocation fee for a special trust according to cemetery guidelines is set at 10 percent. This regulation is significant as it outlines the limitations on how much can be deducted from the trust when a special trust is revoked. The establishment of this cap is meant to protect the interests of the trust's beneficiaries, ensuring they are not unduly penalized if circumstances require that the trust be dissolved. It balances the need for cemeteries or fiduciaries to cover their administrative costs associated with managing the trust while still safeguarding the financial interests of those who are entitled to the funds in the trust. Understanding this percentage is crucial for cemetery managers, as it helps them navigate the legal and ethical considerations involved in handling special trusts.

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