What are the fees charged by the Public Trustee for the distribution of un-nominated CPF monies?
The fees charged for distributing the CPF monies under the Public Trustee (Fees) Rules 2010 are:
Amount of CPF Monies | Charge |
For the first $1,000 | 2.400% |
For the next $9,000 | 1.500% |
For the next $240,000 | 0.750% |
For the next $250,000 | 0.450% |
For amounts in excess of $500,000 | 0.300% |
The fees include GST and cannot be waived. A minimum fee of $15 is chargeable.
Related questions
What fees charge for holding in trust nominated CPF monies for a minor?
What are the fees charged by the Public Trustee for the administration of estate?
Does the Public Trustee deduct its fee before paying out the estate monies to the beneficiaries?
What are the fees charged for the investment of monies held in trust for minors?
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