The Annual Account
Problem: Few trustees fulfill their duty to provide an Annual Account (California Probate Code §16061) to the trust’s beneficiaries. Complicating this problem is that few tax professionals provide this service for their clients who are trustees.
Solution: Anodos helps trustees by producing the Annual Account which reduces the trustee's risk.
What We Provide
of Trust Corpus
The fee for the Annual Account is $300 per $1.0m of trust assets, with a minimum fee of $3,000. This fee does not reduce the compensation paid to the trustee, but is paid by the trust.