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Community Service Obligation

The Public Trustee provides a community service by ensuring that represented persons who are genuinely unable to pay can still receive our services. Under our Community Service Obligation, only the minimum fee of $34 per month will be taken if the value of the liquid assets managed (which includes cash, bank accounts, term deposits, managed funds, shares or money in the Public Trustee’s Common Account or Investment Funds) is less than $5,000 or if the applicable fees reduces the value of these liquid assets below $5,000.

In addition, with the exception of the minimum fee, the total fee to be taken will not exceed 5% of the total value of the estate under administration (excluding motor vehicles, furniture and personal effects and jewellery). Disbursements, legal, deceased estate administration, miscellaneous trust and miscellaneous services fees are excluded from the Community Service Obligation.

Last updated: 21-Oct-2019

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