0.25% to 0.75% Charged on All Assets Under Administration
0.75% on the first $3M of AUA
0.5% on $3M to $5M
0.25% over $5M
Example:
$0 to $3 million $22,500.00 $3 to $5 million $10,000.00 $5+ million $12,500.00
Total $10,000,000.00 0.45% $45,000.00
Flat Fees
Trust Estate Settlement flat fee of 2% with a minimum of $15,000
ILIT’s = $2,500 annual fee + $150 per Crummey letter
$500 for each additional policy
Converts to annual trustee fee when/if the life insurance policy pays out to the trust
2% Distribution fee on terminating trusts
Extraordinary Fees
Purchase or sale of real estate 1% of transaction value
Extraordinary travel $250/day plus expenses
Extraordinary services associated with legal, administrative or medical issues in the context of a trust or probate administration will be charged at $250
per hour
