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What are the Bank Administration Fees?

April 26, 2017Administration Bank fees

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What are the Bank Administration Fees?

2 Answers

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If the Title is held in a Bank Trust there will be annual administration fees. The bank also charges fees to change Primary Beneficiaries or establish a new Trust. Most banks are now quoting fixed fees of less than $500 per annum.

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Posted

If the Title is held in a Bank Trust, there will be annual administration fees. The bank also charges fees to change Primary Beneficiaries or establish a new Trust. Most banks are now quoting fixed fees of less than $500usd per annum.