FEES

When the Public Trustee administers an estate which includes an ongoing trust,  there is no charge to set up the trust.

In setting up a new trust, a once only capital commission is charged in accordance with the following table:

Value of Assets	% Fee Payable (inclusive of GST)
Up to $100,000	4.4
From $100,001 to $200,000	3.3
From $200,001 to $300,000	2.2
$300,000 and above	1.1

Ongoing Trust administration costs include:

An account keeping fee of $8.80 per month is charged for the ongoing maintenance of the trust fund. For the preparation of tax returns our standard fee is $121.00 (inclusive GST) per hour plus the relevant lodgement fee. Commission of 5.775% is charged on income earned by the trust. At the current interest rate of 7.2% paid on trust funds managed by the Public Trustee, this provides a net interest return of 6.882%.

Should investment planning be required an Investment Planning Fee of $121.00 per hour is charged.