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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. A testamentary trust is irrevocable. However, because it is part of your will, and like the will, it does not have any effect until after you die, you can change or amend the will â and the testamentary trust contained in it â in any way you want.n other states, the rule is the complete opposite. An irrevocable living trust, generally, canât be modified or revoked without the consent of the settlor and the beneficiary. In some states, a revocable trust can be amended, unless the settlor provides otherwise.