What Will A Resident Trustee Cost?

The fee structure for Resident Limited is very simple: There is a one-time initial fee of $750 per trust (which covers our initial costs, including but not limited to $200 in State filing fees), and an annual trustee fee of $500 each. Thus, for the first year it will be $1250 each, and $500 each per year thereafter. Should Resident Limited incur additional costs in the performance of its service to the Trust, reimbursement or advances would be appropriate in accordance with the terms of the Trust Agreement. In the vast majority of trust transactions, there are no additional costs.

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