These fees are charged on an annual basis but are paid out of trust assets on a quarterly basis. If the corporate trustee actually manages the assets, the fee can range anywhere from 30 basis points to 100 basis points depending on the size of the trust, the expertise required, and the risk involved.

How do trustees get paid?

A Trustee can get paid based on the work that is provided based on a percentage of the estate or, most likely, an hourly fee, but there are no set trustee fees. The Trust assets pay you and not the beneficiaries, and therefore strict bookkeeping is mandatory.

Does a trustee get paid annually?

Most corporate Trustees will receive between 1% to 2%of the Trust assets. For example, a Trust that is valued at $10 million, will pay $100,000 to $200,000 annually as Trustee fees. This is routine in the industry and accepted practice in the view of most California courts.