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How Much Can A Trustee Charge A Trust?

January 24, 2024 by Ahmed Ali

How Much Can A Trustee Charge A Trust? While professional trust companies often charge more than other trustees, compensation is usually between 0.5% and 1.5%, with the fees occasionally being up to 2% per year. It’s better to pay the trustee a flat rate rather than an hourly rate in most cases, but this is

Can Corporate Trustee Be My Health Care Agent?

January 24, 2024 by Ahmed Ali

Can Corporate Trustee Be My Health Care Agent? Corporate trustees are departments at banks or other investment firms hired to build and manage a trust. People hire corporate trustees for their professional experience in trust matters that a family member or friend may not have. What are the benefits of a corporate trustee? Gain the