Fiduciary Fees

Fees for ongoing trusts and post-death administration are determined on a case-by-case basis depending on the matter, per the trust instrument, jurisdiction, family history, value of the estate and typically range from 1% to 2%. Hourly fees may range from $85-$395 depending on the matter and the professionals working on it. Support staff fees range from $85 to $165 per hour. Accountant, Lawyer, Real Estate, etc. professionals charge their own fees in addition to those charged by the fiduciary. Some of the more experienced fiduciaries do have a minimum annual percentage fee so be sure to mention the value & types of assets titled in the name of the trust or estate. Many assets are difficult to value, complex to liquidate and are considered “Extra Ordinary” and as such an additional charge will be made in the range of 50 to 150 basis points. Most Stocks and Bonds on an exchange are included in the regular annual percentage fee. Most courts hold that the sale of real estate is Extra-Ordinary.

All fees are subject to periodic adjustment and fees charged depend on the complexity of the administration, liability exposure, litigation and professionals involved.

For ongoing trusts we will on many occasions reduce our annual percentage fee by 50% or more when the family or individual has a competent, properly licensed registered investment advisor managing the money held by the trust or estate.