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Private trustee companies

There are a number of private trustee companies in South Australia, each of which is authorised by a special Act of Parliament to administer deceased estates and to conduct trustee and agency businesses generally.

Private trustee companies charge a rate that is generally slightly higher than that of the Public Trustee. The rates charged vary from company to company. Reduced commissions are charged in certain cases. Some trustee companies charge for preparing wills. Trustee companies will act jointly with a private executor. People considering having a trustee company prepare a will and administer an estate should ask what the charges are.

Private trustee companies  :  Last Revised: Thu Nov 13th 2014
The content of the Law Handbook is made available as a public service for information purposes only and should not be relied upon as a substitute for legal advice. See Disclaimer for details. For free and confidential legal advice in South Australia call 1300 366 424.