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Fee Schedule New land trust. Set up of a land trust of one property and one or two beneficiaries,including deed, trust (or amendment to existing trust) and any other documentation, including trustee's fee for first year or fraction thereof:
A Full Service Land Trust setup is $500. This includes up to an hour of time with us on the phone or in our office, and with us calling title companies or lenders to smooth out the transaction when necessary. It includes preparing the Land Trust Agreement, Direction to Trustee, and the Deed to Trustee where necessary. If you have never done a land trust and have questions about the setup and operation of the trust, you would be best served by this package.
An Economy Land Trust setup is $300. This includes the same documentation but is for persons who do not need any telephone time with us. You send us the setup forms and we send you the trust and send the closing agent the necessary instructions and documentation. If you are familiar with land trusts and do not need to use our time on the phone, this package would be best. We would answer questions by email for free.
Consultation on trust setup. Most of our clients set up their trusts by mailing or faxing us our setup forms, but some clients prefer a personal or telephone consultation explaing trust issues. Per one-half hour: $100.00
Assignment from seller. When we set up the trust in the seller's name and prepare the assignment, Form 56, explanation letter to closing agent, and provide Forms DR-228 and DR-430 with explanation $100.00
Annual trustee fee for future year or fraction if paid on time. Includes forwarding of tax notices and important mail and disposal of junk mail $100.00; If not paid within 30 days $5 per month bookkeeping fee
Additional land trust. Set up of an additional land trust for an existing client with same parties as existing trust would be entitled to a $50 discount from original trust setup fees above.
Additional setup fee for adding parcels to a trust $100.00
Additional annual fee for additional parcel in the same trust $100.00
Additional setup fee for additional primary beneficiaries (more than two) in a trust $100.00
Receipt and forwarding of service of process $25.00
Receipt and forwarding of registered and certified mail $10.00Letter to government official. If your property is in violation of some law and we receive a government notice which threatens to affect other properties of our other clients and we must write to the government agency to correct this problem there is a fee of $25.00
Sale of property from trust, including preparation of direction to trustee, IRS Form 56 and execution of closing documents $100.00
Needing to review and have extra papers notarized after a closing package has been completed $50.00Deeding property to beneficiary, including preparation of direction to trustee, IRS form 56 and execution of deed $50.00
Transfer of beneficial interest, including Assignment, Form 56 and Preparing form DR-228 (stamp taxes extra) $100.00
Assignment to spouse or own LLC $50.00
- Emergency fee. We can usually prepare trust papers within a day or two and this works for most of our clients. But when a client must have something prepared the same day and we must stop everything else we are doing there is an emergency fee of $100
- Please keep in mind that we are sometimes out of town lecturing or giving seminars so it is best to contact us at least a week in advance of any closing.
- You should also advise your title company to contact us in advance.
Land Trusts in Florida 2007 Edition including CD $34.95
Land Trusts for Privacy & Profit 2004 Edition $34.95
Land Trusts for Privacy & Profit 2004 Edition with CD $49.90
Land Trusts for Privacy & Profit Forms only on CD $19.95
Plus shipping and sales tax if in Florida. (Call or email for total.)
- Sample Florida Land Trust. Occasionally people contact us asking to see a copy of our trust agreement never intending to use our services. Therefore we charge $35 for a copy. If you use our services the $35 is a credit against fees. If not, we will also send you a copy of our book, Land Trusts in Florida
Asset protection one-hour consultation on the best methods of asset protection, considering your risks and your assets $200.00
Fees are subject to change but you are free to change trustee or close your trust any any time if you are unhappy with the new fees.
Note: Recording fees, documentary stamp taxes, courier charges and other costs are additional.
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