Setting up a trusts includes shopping around for the best deal and careful consideration of who to choose for trust administration and management. Fees depend on the complexity of assets and amount of funding for the trust, among many other factors. Comparing prices for various companies can be difficult since they often are including different options in their packages and it is difficult to make accurate comparisons when looking at fee schedules alone. It is also important to note that most fees are negotiable and depend on individualized circumstances.
See Amy Feldman, Trust Costs Go Up; Get Ready to Negotiate, Barron’s, Feb. 28, 2015.
Special thanks to Jim Hillhouse for bringing this article to my attention.
