Public Trust Estate Charges

Ian from Tawa

Hi all, a while back I had a bit of a moan about public trust and their estimated charges for my mothers cash only estate. Having now been finalized just want to give people a picture of their charges:

Fixed Fee charges
Estate establishment fee $2,024.00

Estate Finalisation Fee $1,641.00

External Term Deposit Set-up fee $55.00

Income Commission $119.01

Physical & Digital Office Expenses $55.00

Probate/Grant of Administration fee $949.00

Time and Attendance charges

Additional Services $1,714.34

Beneficiary distributions $63.07

Communications and meetings $409.26

Complex grant of administration $328.90

Deal with estate assets and liabilities $3,108.14

Legal services $95.20

Processing payments and receipts $425.04

Tax administration services $161.92

Disbursement Paid for on behalf

Administration costs $66.78

GST $1,440.22

Total(including GST) $11,215.66

Pretty straightforward cash only estate although the additional services will likely relate to trying to locate my errant brother who was never going to talk to them anyway (public notice & then a PI).

Make your own call :(