Most trust companies charge a trustee fees based on a percentage of the total value of trust assets.
Why? The answer to that question made no sense to us.
Isn't it logical that Trustee fees should be based on the work required not the Client's net worth or value of the trust assets?
IconTrust charges a fixed flat fee for all trust services
Our flat fee structure is easy to understand and completely transparent to our clients.
Nevada Trusts | Directed Trusts | ILITs
$3,000
Annual Fee
When the trust document clearly states IconTrust has no investment responsibility and indemnifies and holds harmless IconTrust for any investment related activity.
For example:
Asset Protection Trusts (Self-Settled or Hybrid)
Dynasty Trusts
Nevada Incomplete Gift Non-Grantor Trust (NING) - IconTrust has no investment discretion
*IconTrust will accept limited investment responsibility for transactions pertaining to business entities related to the beneficiary or life insurance on the life of the beneficiary. IconTrust will charge a transaction fee for any business entity transactions and will require an independent valuation and opinion letter. Expenses for the valuation and opinion letter will be passed through to the trust.
Important Note: Minimum Account Balance
IconTrust requires an initial deposit equal to two times the annualized fee. If the balance of an account falls below the minimum threshold (the annualized fee for such account), IconTrust will send an invoice to bring the account balance back up to two times the annualized fee.
