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average trustee fee for a special needs trust and does that

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average trustee fee for a...
average trustee fee for a special needs trust? and does that include investment advice cost also or is that a seprate fee, $400,000 trust
Submitted: 8 years ago.Category: Estate Law
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7/13/2009
Estate Lawyer: Infolawyer, Attorney replied 8 years ago
Infolawyer
Infolawyer, Attorney
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What state is this in?
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Customer reply replied 8 years ago
louisiana
Estate Lawyer: Law Educator, Esq., Attorney replied 8 years ago
Law Educator, Esq.
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The fees on these trusts are usually based upon a percentage of the trust if it is managed by an attorney or professional trust manager. The fee is generally about 0.5% -1% of the trust per year. Fees for investment or brokerage are separate from the management fees. Management fees include things like filing trust taxes, making trust distributions and paying trust bills. Everything else can be charged separately and is based upon the reasonableness of the fee for the service provided.


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