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â¢ testamentary continuing trusts, from the time the trust is established, and. â¢ all other trusts, from the date when the trust is committed to PTCo's administration. Example â a trust established in a clientâs will (testamentary trust) with assets valued at $5,000,000. The annual fee charged is $68,750.Where PTCo previously administered the clientâs estate an establishment fee is not payable..30% of the gross value of assets of the estate over $1.000,000 up to $3,000,000. 2.20% of the gross value of assets of the estate over $3,000,000 up to $5,000,000. 1.65% of the gross value of assets of the estate over $5,000,000. A minimum capital fee of $19,800 applies.
Testamentary Trusts. 1  A testamentary trust is one that is set up by a will and goes into effect when the trustor dies. Since it is not from the assets of the client, a testamentary trust is a type of 3rd party trust. 2  An individual has no control over the establishment of a testamentary trust, so the department counts only the income received.