Schedule of Fees
Compass Fiduciary Group, LLC has instituted a tiered fee schedule to differentiate between the tasks completed by licensed professionals utilizing their fiduciary expertise and those completed at an administrative level. In accordance with the Arizona Code of Judicial Administration, these tasks are billed incrementally at tenths of the hour and reflect the actual time spent. Staff bills at the hourly rates listed in the tables below.
All appointments (excluding Agency Agreements) are charged an initial file setup fee of $500.00 which includes the initial consultation with the client, obtaining the case history and client demographic information, and the initial interview of interested parties. Inclusive of this fee are the costs associated with the physical and database client file creation.
Fiduciary Services
Licensed Staff
Non-Licensed Staff
Court appearances, Meetings with Third-Party Agencies, Corresponding with Interested Parties, Inventory and Appraisement of Assets, Marshaling Assets, Forensic Accounting Services, Annual Accounting Services, Client Visits, Attendance to Medical Appointments, Account Reconciliation, Benefit Procurement and Maintenance, Communication with Interested Parties
$150.00
$125.00
Agency Agreement
Licensed Staff
Non-Licensed Staff
Includes Consultant, Agent, Stand-alone Power of Attorney designations, Successor Trustee designations, and advance Personal Representative designation. May require a contractual agency agreement for services.
$150.00
$125.00
Agency agreements are charged a non-refundable retainer in the amount of $675.00, the equivalent of four and one-half (4.5) hours of work performed. Once the retainer has been exhausted, additional fees may apply at the above specified hourly rate.
Administrative Services
Licensed Staff
Non-Licensed Staff
Receipt, Review, and Payment of Bills, Client Banking Transactions, Client File Maintenance, Administrative Phone Inquiries, 2nd Person Dual Control Activities
$85.00
$85.00
Other administrative tasks including the processing of incoming and outgoing mail, document scanning, incoming fax transmissions, and time associated with document copying are considered necessities of the normal course of business and are accounted for in the Fiduciary Services rate above.
Shopping
Licensed Staff
Non-Licensed Staff
Shopping with or for the client to include personal and medically necessary items
$40.00
$40.00
Expenses:
Mileage – billed at the current rate approved by the Internal Revenue Service
Postage and Delivery – billed at the current postal and private delivery rates
Other expenses incurred and advanced by Compass Fiduciary Group, LLC on behalf of the client will be billed at cost
Fees and expenses are subject to change within thirty (30) days written notice to the parties as required by A.R.S. §14-5109.
Compass Fiduciary Group, LLC , Fiduciary License No. 20647, holds an active fiduciary license issued by the Arizona Supreme Court Administrative Offices of the Courts and is subject to regulation by the program. The regulations governing licensed fiduciaries and fiduciary entities are specified in the Arizona Code of Judicial Administration §7-201: General Requirements and §7-202: Fiduciaries. These administrative rules adopted by the Arizona Supreme Court include a Code of Conduct that all licensed fiduciaries are required to follow. Additional information regarding these requirements and licensed fiduciaries may be obtained from the Arizona Supreme Court at:
http://www.azcourts.gov/cld/FiduciaryLicensingProgram.aspx
Email to PFP@courts.az.gov
Phone: (602) 452-3378