by | Feb 7, 2019 | Blog, Business, Business Advisory, Family Offices, Trust
Nearly every trust has a trustee and that trustee gets paid a fee for services from the trust. The most common range for such a fee is .5% to 1% or more of the trust’s asset value. So, if a trust has $1,000,000 in assets, the trustee fee would typically be $5,000 to...
by | Nov 10, 2017 | Blog, Business, Business Advisory, Family Offices, Trust
Mr. Hershey’s third charitable trust was created in 1945, upon his death. His will simply left the residue of his estate in trust for the benefit of the Derry Township (Hershey) Public School District. And as usual, he named the Hershey Trust Company as the trustee...