Fee Schedule – Trust and Estate Services
5854 S. Pecos Road, Ste. J200, Las Vegas, NV 89120
Ph: 877 268-9115
For Information Contact Summit Trust Company at 877 268-9115
Description Summit acts as “Administrative Trustee”, alongside the primary trustee; meets the legal requirements
for a “Nevada Resident Trustee” to qualify the trust under Nevada Law; provides favorable treatment with regard to
Description Summit acts as “Record-Keeper” of brokerage accounts, stocks, bonds, mutual funds, life insurance,
bank accounts, real estate, limited liability companies, LLC’s, family limited partnerships; relieves the trustee of
these tedious activities.
Description Summit acts on behalf of beneficiaries and the primary trustee in the independent and delicate role of
authorizing distributions requested by the beneficiaries; a difficult role if imposed on friends, relatives or professional advisors.
First year’s fee includes document review. The annual fee includes one distribution review per year. The fee for
reviews in excess of one will be $85 each. A review may include multiple distribution requests. Any work performed
by Summit Trust Company beyond that of distribution reviews will be billed at $185 per hour.
Description Summit performs funding of a new trust by re-titling assets to the trust. Most families and their financial
advisors are not experienced in funding a trust, and most professional offices do not have staff accustomed to dealing
with brokerage firms, banks, mutual fund companies, life insurance policies, real estate deeds, annuities, treasury
bills and bonds, savings bonds and other assets.
Portfolio Performance Reporting
Description Summit reports on per