Do you ever charge a percentage fee?

When we act as a fiduciary (either trustee, guardian/conservator or personal representative) we may in some cases charge a percentage fee. In that case, our fee will usually be a percentage of the value of the trust or estate that we manage. Such a fee arrangement may be as a minimum fee; that is, we may set the percentage fee as the minimum, but charge more if the amount of work required is more extensive than would be covered by that fee. Some probate or trust administration work is done as a percentage fee. Florida Statutes set a presumed reasonable percentage fee which can be discussed.

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