Fiduciary Services

Services include:

  • Professional Executor
  • Professional Trustee
  • Professional Power of Attorney
  • Professional Committee
  • Agent for Executor, Attorney, Trustee or Committee

Family Office

Services include:

  • Tax, estate, business succession and philanthropic planning.
  • Document management and record keeping services.
  • Expense management, bill paying and bookkeeping services.
  • Family member financial, legal and business education.
  • Family dispute prevention, resolution and governance assistance

Escrow Agent

Services include:

  • Hold funds and/or property in trust for third parties while a transaction is finalized or a disagreement is resolved

Fees


*Note: 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.

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: $8,000
  • 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: $3,500
  • Annual Fee: 0.50%
  • Minimum Annual Asset Management Fee: $3,500
  • Capital Distribution Fee: 1.5%

Inter-Vivos and Testamentary Trust Administration Fees

  • Activation/Account Set-Up Fee: $3,500
  • Annual Asset Management and Administration Fee: 0.50%
  • Minimum Annual Asset Management Fee: $3,500

Escrow Fees

  • Simple Transaction: $7000

The above fee schedule is for trust and estate administration services offered by Heritage Trust Company Inc. These 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.