The fee is based on a percentage of the value of the estate. This percentage can range from 0.5% to 5%, depending on the size and complexity of the estate.

Since Illinois does not have a statute which fixes trustee fees, a trustee is entitled to reasonable compensation for his, her or its services. In the absence ...

14 авг. 2018 г. · If the trust agreement is silent on the issue of compensation, the Trustee must be paid a “reasonable fee.” That fee is considered a yearly ...

TRUSTS, AGENCIES & GUARDIANSHIPS · $7.98 per $1,000 on the first $250,000 value; · $6.98 per $1,000 on the next $500,000 value; · $3.86 per $1,000 on the next ...

10 сент. 2024 г. · For example, it's not unusual for trustees to charge a minimum of 1% when dealing with larger trusts that have substantial assets. So for a ...

(a) If the trust instrument does not specify the trustee's compensation, a trustee is entitled to compensation that is reasonable under the circumstances.

If the trust instrument does not specify the trustee's compensation, a trustee is entitled to compensation that is reasonable under the circumstances.

22 мар. 2024 г. · Overall, expect to shell out somewhere between $2,500 and $4,000 for a basic living trust in Chicago.

What is a standard Trustee fee if you go the professional route? It depends. Normal ranges tend to be somewhere between 1 and 1.5 percent of the estate value. What Are Normal Trustee Fees? · How Are Trustee Fees...