We are often asked what a reasonable trustee fee is. Like many states, Florida does not provide a statutory schedule as to what is a reasonable fee.
One way to get a feel for an appropriate fee is to see what professional trustees charge. A recent blog posted its survey results as to current rates being charged by various trustees. The results can be viewed here.
Near as I can tell, these fees relate to fees charged when the investment of the trust assets is being handled by someone other than the trust company. Such investment advisory services can add materially to the fees being charged.
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