That seems crazy high. Say you have a $20 million dollar trust. Their fee would be $460,000. If you made 1.75% in dividends you would only have $350,000. Hopefully your trust would make around 8% in appreciation. Either way you have to sell assets to pay advisor/lawyer.
Really good video's. I have one question. I am a trustee and placed personal money from a TOD directly to me from the trust into a trust account with my trust EIN to pay the mortgage payments and other bills to avoid the real-estate/home from going into foreclosure and avoid the other bills like credit card bills interest fees going up. Can I get that TOD money back?
Thank you i needed to hear that
Thank you Mr.Winter for sharing your wisdom,
An attorney I spoke with said his fee was based on trust assets and was 2.3% on average... was not an hourly rate. Good series of videos.
That seems crazy high. Say you have a $20 million dollar trust. Their fee would be $460,000. If you made 1.75% in dividends you would only have $350,000. Hopefully your trust would make around 8% in appreciation. Either way you have to sell assets to pay advisor/lawyer.
Really good video's. I have one question. I am a trustee and placed personal money from a TOD directly to me from the trust into a trust account with my trust EIN to pay the mortgage payments and other bills to avoid the real-estate/home from going into foreclosure and avoid the other bills like credit card bills interest fees going up. Can I get that TOD money back?
Hello are you in California I have some questions for you
Stop the background elevator music already!
please stop the music.
Thank u thank u help me get my assets pls pls