BILLING PROCEDURES

Guardianship Services of Seattle staff bill for their time at the hourly rates stated above. Guardianship Services of Seattle's billing philosophy is to strive to maintain a low hourly rate, to delegate work as much as possible to staff with lower hourly rates who have the necessary skills to complete the task, and to show all activity on regular statements. Hourly rates are based on the skills and training of the staff and the demands of the work that staff member ordinarily performs. Billing statements are prepared monthly.

Guardianship Services of Seattle bills certain activities such as deposits, checks written and asset transfers as transaction charges at the rate of $6.00 per transaction. These charges appear on the monthly billing.

For trust estates in excess of $1,000,000.00, GSS receives fees at an annual rate of 1% of the amount of funds under management, collected at the rate of .0008333333 each month. GSS may document all professional fees and costs incurred and petition the Court for payment in excess of the percentage fee collected.

For testamentary trusts or other unfunded trusts, stand-by guardianships, backup powers of attorney and similar arrangements in which we are named for future planning purposes, we request an initial fee of $250 and an annual fee of $150.