fees for 2 trustees

[legal_un_ese]

Florida.

In the state of Florida, revocable trust is worth 900,000. Two trustees. Do they each get the maximum fee? (twice as much as for a single trustee) or do they share the maximum amount?

What are the allowable fees in Florida for trustees?

 

[HomeGuru]

Florida.

In the state of Florida, revocable trust is worth 900,000. Two trustees. Do they each get the maximum fee? (twice as much as for a single trustee) or do they share the maximum amount?

What are the allowable fees in Florida for trustees?

**A: Maybe if they screw up you can ask for double your money back.

 

[legal_un_ese]

I didn' know I was posting on ComedyCentral.com.

but I'd like a serious response.

In the state of Florida, revocable trust is worth 900,000. Two trustees. Do they each get the maximum fee? (twice as much as for a single trustee) or do they share the maximum amount?

What are the allowable fees in Florida for trustees?

Thanks.

 

[Dandy Don]

Trustee fees are normally not mentioned in state law and are confidentially known only by trust and/or probate attorneys, so you need to be consulting with a local trust attorney to get the answer to your question.

 

[legal_un_ese]

well then, how much are the trust attorney fees needed to find out how much the trustee fees are?

 

[HomeGuru]

well then, how much are the trust attorney fees needed to find out how much the trustee fees are?

**A: shall we dance?

 

[Dandy Don]

Some attorneys might answer this for you for free, and others will charge different rates, probably less than $100--the only way you will find out is to call various ones and see what they say. Try to find some trust attorneys in your area who have e-mail addresses and ask them by e-mail.

 

[legal_un_ese]

thanks for the help.