You can appoint State Trutsees to manage all or part of your financial or legal affairs in case you’re unable to in the future. Fees are based on the value of your assets and the types of income you receive.
Capital commission
Gross value of asset | Commission charged |
---|---|
Up to $500,000 | 3.3% |
Greater than $500,000 and up to $1,000,000 | $16,500 plus 1.5% of the amount over $500,000 |
Greater than $1,000,000 and up to $3,000,000 | $24,000 plus 0.55% of the amount over $1,000,000 |
Greater than $3,000,000 | $35,000 plus 0.44% of the amount over $3,000,000 |
Income commission
Gross income of estate | Commission charged |
---|---|
Centrelink and/or Department of Veterans Affairs income | 3.3% |
All other income | 6.6% |