8

How Much Does It Cost To Set Up A Trust

Embed Size (px)

Citation preview

Page 1: How Much Does It Cost To Set Up A Trust

Chris CotillardDirector, Alex Picot Trust

How Much Does It

Cost To Set Up A

Trust?

Page 2: How Much Does It Cost To Set Up A Trust

A good trust provider will always want to protectand enhance your assets and will commit to

delivering a bespoke service.

A trust can offer peace of mind and security for yourhard earned assets.

But how much does it cost to set up atrust?

Page 3: How Much Does It Cost To Set Up A Trust

● minimum set up costs● compliance fees● hidden fees or extras● are accounts outsourced or managed in-house● type of clients and their profiles● how experienced the trust team are● who will look after the trust and whether youhave a rapport with them

Before choosing your trust provider,

you should consider:

Page 4: How Much Does It Cost To Set Up A Trust

At Alex Picot Trust we break our costs

down into three main areas:

a one off standard formation fee of £1100

an annual trustee fee of £1650

an annual administration fee (minimum £1500)

The one off standard formation fee is for year one only. For subsequent years, anaccounts preparation fee is charged.

Page 5: How Much Does It Cost To Set Up A Trust

The average cost to set up a trust with Alex Picot Trustis £4250 which includes the running and compliance

costs for the first year.

Fixed fee quotations can be provided to take accountfor dormant trusts or ones with a high level activity.

Page 6: How Much Does It Cost To Set Up A Trust

Finding a provider who understands

your individual requirements is critical

when you are building a trust to

protect your assets for future

generations.

Page 7: How Much Does It Cost To Set Up A Trust

Contact Us+44 (0) 1534 753753

[email protected]

Alex Picot Trust

Page 8: How Much Does It Cost To Set Up A Trust

Disclaimer

The document contains general information about our services and does not constitute professional advice. We cannot accept liability for loss or damage suffered as a result of reliance on the information contained

herein.

No member of the Alex Picot Trust Company Ltd is authorised to provide investment advice. You should seekindependent financial and legal advice before processing any financial business in Jersey.

Alex Picot Trust Company Ltd accepts no responsibility or liability for any other document to which you maygain access from this document, or from which you may have gained access to this document and do not

accept any responsibility or liability in connection with any links or websites.

The content of this document, its design and layout is protected and is the property of the Alex Picot TrustCompany Ltd. No permission is granted to copy this material or reproduce it in any form without written

permission.

Alex Picot Trust Company Ltd is regulated by the Jersey Financial Services Commission toconduct trust company business under the Financial Services (Jersey) Law 1998.