Fees are charged in accordance with HRS §607-18 Compensation of trustees
This statute provides for “special service fees” and most of our work falls into this category which includes:
Fees for these services are charged on an hourly basis, to the next tenth of an hour:
Additional percentage fees as provided in the statute as follows:
Annual Fees (minimum $3,000.00)
Percent of gross fair market value as of the first business day of the trust year, billed quarterly at:
Trusts Served include:
Revocable Living Trust
Irrevocable Life Insurance Trust (ILIT)
Supplemental Needs Trust (SNT or (d)(4)(A))
Charitable Remainder Trust
Pooled Income Fund
Please note that additional professional services may be required. Legal, tax preparation, investment management, medical care and property management fees, for example, may be needed and invoiced separately by outside vendors or providers.
An annual interest rate of 10% will be applied to client advances over $1,000.
All fees are subject to the applicable Hawaii General Excise Tax rate. Applicable hourly rates may be amended with written notice.
Updated to reflect rates as of January 2017.