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Fees Schedule of Fees
General Fee Information The Trust Formation fee includes all legal and other costs and expenses incurred during the period from the initial enquiry, through a normal volume of discussion and correspondence, to the taking of firm instructions and the general supervision of the formation procedures including the provision or perusal of a standard Trust Deed, drafting or persuing a Letter of Wishes and such related procedures as may be required to establish a trust. The company annual administration fee is for the provision of directors
and officers, nominee shareholders, registered and other offered addresses
and the maintenance of all statutory records. The trustee's annual fee is for the provision of one corporate trustee.
Fees for additional administrative services are outlined in the general
Schedule of Fees.
Administrative fees are included in the above charges for up to twelve
(12) hours. Time spent on administration in excess of twelve (12) hours
annually will be charged to the client at US One Hundred and Fifty ($150.00)
dollars per hour and clerical time will be charged at US Thirty ($55.00)
dollars per hour. All other expenses incurred on clients' behalf including but not confined
to the above listed are for clients' account. Expenses and disbursements
for telephone calls, faxes, postage and mail-forwarding, photocopying
services and other incidential expenses incurred on behalf of the client
will be charged to the account of the client. For other services quotations can be provided on receipt of full details. The above fee schedule excludes disbursements which are billed separatey. Our terms of payment are for settlement within 30 days. If terms are not adhered to we reserve the right to charge interest on overdue accounts at the rate of 1% per month. Fees are subject to change. Beaumont Corporation Limited can also provide the services of co-trustee.
The fee for accepting appointments as co-trustee will be determined by
the nature and complexity of the appointments.
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