Fees
We have no minimum client size but do have minimum fees, see below. We often offer reduced fees for larger estates and from preferred referral sources. Contact us for further information.
Heritage Trust fees are not payable unless and until it acts. Further, Heritage Trust fees are separate from and do not include legal fees for the drafting and execution of estate planning documents such as wills, powers of attorneys or representation agreements. These services are performed and invoiced by the legal counsel of your choice.
Estate Administration Fees
- 3.5% on the first $1,000,000
- 2.0% on the next $4,000,000
- 1.0% on the balance
- Minimum Estate Administration Fee: $15,000
- Discount of Capital Fee if Power of Attorney Activation Fee Paid: 15% to a maximum of $5,000
Power of Attorney Fees
- Activation/Account Set-Up Fee: 1.5% on the first $1,000,000, 1.0% on the balance
- Minimum Activation Fee: $5000
- Annual Fee: 0.50%
- Minimum Annual Asset Management Fee: $5000
- Capital Distribution Fee: 1.5%
Inter-Vivos and Testamentary Trust Administration Fees
- Activation/Account Set-Up Fee: 2% to a maximum of $20,000
- Capital Distribution Fee: 1.5%
- Annual Asset Management and Administration Fee: 0.50%
- Minimum Annual Asset Management Fee: $5000
Escrow Fees
- Simple Transaction: $7000
Funeral Trust Administration
- 1% of the market value of assets, subject to a minimum annual fee of $7500
