|
| Market Value |
Rates
|
|
| First $1,000,000 |
.9%
|
|
| Next $1,000,000 |
.6%
|
|
| Next $8,000,000 |
.3%
|
|
| Balance |
.2%
|
INCOME FEE
| Income | Rates
|
|
| All Income | 5.00% |
SAMPLES
| Account Size |
Fee*
|
Effective Rate
|
|
| $ 1,000,000 |
$ 9,750
|
.98%
|
|
| $ 2,000,000 |
$16,500
|
.83%
|
|
| $ 3,000,000 |
$20,250
|
.68%
|
|
| $ 4,000,000 |
$24,000 |
.60% |
|
| $ 5,000,000 |
$27,750
|
.55%
|
|
| $10,000,000 |
$46,500
|
.47%
|
|
| $15,000,000 |
$60,250
|
.40%
|
A tax service charge of between $175 and $975 depending on the complexity of the return and the size of the account will be charged for fiduciary tax returns and tax information letters prepared by our tax department. An annual fee of $250 will be charged for administration of probate trusts. Special charges may be charged for bill paying, wire charges and extraordinary services. A fee of not more than one percent of the market value may be charged on the termination of an irrevocable trust.
*Samples assume account yield of 1.5%.