1ST PARTY - SETTLEMENT PROTECTION TRUST TM and (d)(4)(a) SPECIAL NEEDS TRUST

Transcription

1 1ST PARTY - SETTLEMENT PROTECTION TRUST TM and (d)(4)(a) SPECIAL NEEDS TRUST One-T ime C reation Fee and Tru stee Fee May Be P aid from T rus t U pon Fun ding. $49 Per Trust Eastern Point s settlement trust trustee fees are routinely the lowest in the industry with no hidden fees. Please contact us for a fully disclosed fee schedule related to your specific trust needs. Distribution Fees Distribution Processing Point of Sale Debit Card Funding Medicaid Lien Payment at Death of Beneficiary $10 Per Distribution (Multiple Line Items Considered Single Distribution) $120 Per Annum + $25 Per Funding Load $250 Per Payment Trading Fees ETF and Mutual Fund Trades No Trading Fee EPT Model Portfolios Use of any of the 7 Model Portfolio s No Additional Fee Other Service Fees Trust Document - Bound & Mailed Real Estate/Housing/Vehicle Purchase Ad Hoc Special Reports / Court Reporting Burial/Life Policy Purchase from Trust $50 Per Mailing $250 + Costs $100 Per Report $100 Per Policy Life Insurance or Annuity Death Claims $150 Per Submission FORM 1001 Page 1 of 8 Ver

2 Tax Preparation Annual Tax Preparation $150 ( Fee I ncl udes Federal and State Retur ns) Extraordinary Fees Lost Distribution Check NSF Return Item Outgoing Wire Fee Domestic Outgoing Wire Fee Foreign Overnight Courier and Certified Mail Extraordinary Requests or Requirements Printed and Mailed Quarterly Statements ( Onl ine Statem ent Access No C harge) $35 Per + Bank Stop Payment Fee $35 Per + Bank NSF Fee $30 Per Wire $75 Per Wire $25 + Courier/Postage Cost $125 Per Hour + Out of Pocket Costs $60 Per Annum FORM 1001 Page 2 of 8 Ver

3 QUALIFIED SETTLEMENT FUND(QSF)/ REVERSIONARY SETTLEMENT (CLAW BACK) TRUST/ IDEA SETTLEMENT TRUST $360 Per QSF Creation I ncl udes: T rust Doc um ent, Petition, Approv al of QSF, Acquiring Ein, W -9 And Certificate of Trust. (Until Creation Fees Are Offset, M oney M arket I nterest Credited to T he QSF W ill Be Appl ied to Offset Fees) $360 Per QSF ( Until Creation Fees Are Offset, M oney M arket I nterest Credited to T he QSF W ill Be Appl ied to Offset Annual Fees) Tax Filing Tax Filing $150 Per Filing Transaction Fees Check, Wire Funding Additions Lost Distribution Check NSF Return Item Free $35 Per + Bank Stop Payment Fee $35 Per + Bank NSF Fee Distribution Processing Distribution to Beneficiary Distribution into Law Firm IOLTA Special Needs Trust, Lien and Loan Payments Structured Settlement Payments Claw Back (Reversion) Distribution $10 Per Distribution $10 Per Payment $50 Per Payment $100 Per Payment $250 Per Payment Optional Direct Claimant Distribution(s) Claimant Setup and First Distribution Check (I ncl udes Cl aim ant Setup, First Distribution C heck And 10 99) $39 Per Claimant FORM 1001 Page 3 of 8 Ver

4 Each Additional Distribution After Initial Check Supervising Court Requests/Reports $10 Per Additional Check $150 Per + Applicable Court & Attorney Fees Extraordinary Fees Change to Transaction Taxation Coding Request $50 Per Change Trust Document - Bound & Mailed Outgoing Wire Fee Domestic Outgoing Wire Fee Foreign Overnight Courier and Certified Mail Extraordinary Requests or Requirements Printed and Mailed Quarterly Statements $50 Per Mailing $30 Per Wire $75 Per Wire $25 + Courier/Postage Cost $125 Per Hour + Out of Pocket Costs $60 Per Annum FORM 1001 Page 4 of 8 Ver

5 3 RD PARTY KISS TRUST/ SPECIAL NEEDS/ SLEEPING TRUST/ MEMORIAL TRUST One-T im e Creation Fee and T rustee Fee M ay Be Paid from Fund ing. W aiv ed for T rusts Created w ith an $10,00 0 or Greater I nitial Funding $49 Per Trust Basic 2,000+ C-Shar e M utual Funds M odel Based All Trusts Waived Deluxe 28,00 0+ M utual Funds + 1,000 ET Fs (Traded NAV ) M odel Based First $250, (0.50%) Next $750, (0.40%) Next $1 Million.0030 (0.30%) Next $3 Million.0020 (0.20%) Over $5 Million.0015 (0.15%) M inim um Of $50 ( E.G. $ 0-1 0,0 00 T rust = $50 Annual Fee) Premier 28,00 0+ M utual Funds + 1,000 ET Fs (Traded NAV ) M odel Based First $250, (0.65%) Next $750, (0.45%) Next $1 Million.0035 (0.35%) Next $3 Million.0025 (0.25%) Over $5 Million.0020 (0.20%) M inim um Of $65 ( E.G. $ 0-1 0,0 00 T rust = $65 Annual Fee) FORM 1001 Page 5 of 8 Ver

6 Distribution Fees Distribution Processing Point of Sale Debit Card Funding Supervising Court Approval of Distribution $10 Per Distribution (Multiple Line Items Considered Single Distribution) $120 Per Annum + $25 Per Funding Load $150 Per + Court & Attorney Fees Trading Fees ETF and Mutual Fund Trades No Trading Fee EPT Model Portfolios Use of any of the 7 Model Portfolio s No Additional Fee Other Service Fees Trust Document - Bound & Mailed Real Estate/Housing/Vehicle Purchase Ad Hoc Special Reports and Court Reporting Life Insurance or Annuity Death Claim Forms $50 Per Mailing $250 Per Purchase + Costs $100 Per Report $150 Per Policy Tax Preparation Annual Tax Preparation $150 Extraordinary Fees Lost Distribution Check NSF Return Item Outgoing Wire Fee Domestic Outgoing Wire Fee Foreign $35 Per + Bank Stop Payment Fee $35 Per + Bank NSF Fee $30 Per Wire $75 Per Wire FORM 1001 Page 6 of 8 Ver

7 Overnight Courier and Certified Mail Extraordinary Requests or Requirements Printed and Mailed Quarterly Statements ( Onl ine Statem ent Access No C harge) Additional Guidance & Clarifying Language Trust Amendment Trust Name Change, and Required IRS Filings $25 + Courier/Postage Cost $125 Per Hour + Out of Pocket Costs $60 Per Annum $25 Per Annum $75 Per Amendment $300 Per Change FORM 1001 Page 7 of 8 Ver

8 C 3 BR FDIC INSURED PRINCIPAL PROTECTED COURT ORDERED BLOCKED AND RESTRICTED TRUSTS FOR MINORS/ INCOMPETENT ADULTS/ UNLOCATABLE PERSONS Waived Waived Restricted Accounts Are Credited with the National Average Money Market Rate. Transaction Fees Check, Wire Funding Additions Lost Distribution Check NSF Return Item Free $35 Per + Bank Stop Payment Fee $35 Per + Bank NSF Fee Distribution Fee Check Extraordinary Fees Outgoing Wire Fee Domestic Outgoing Wire Fee Foreign Overnight Courier and Certified Mail Extraordinary Requests or Requirements Printed and Mailed Quarterly Statements Waived $30 Per Wire $75 Per Wire $25 + Courier/Postage Cost $125 Per Hour + Out of Pocket Costs $60 Per Annum FORM 1001 Page 8 of 8 Ver