Emma's example
Emma's situation
- Emma lives in Public Housing.
- She has a disability pension that is paid to Queensland Public Trustee.
- Emma has $6,000 in a cash account.
- She pays for her daily living expenses, and we manage the payment of her bills and board.
- Emma speaks with us more than once a fortnight.
Our fees for Emma
To ensure Emma's fees are reasonable according to her financial circumstances, Emma is eligible for a rebate.
We cap the fees for personal financial administration and asset management at 5% of her assessable assets.
Emma's personal financial administration and asset management fees
- Her personal financial administration fee is $9,283.10
- Her asset management fee is $200.10
- These fees before rebate are $9,483.20
- We cap Emma's fees to 5% of her assessable assets of $6,000, which is $300
- This means Emma receives a rebate of $9,183.20
Incidental outlays
- Incidental outlays are $102
Emma's total annual fees including the rebate
- Total fees are $300 + $102 = $402
Peter's example
Peter's situation
- Peter lives in a property that he owns.
- He is paid a pension each fortnight that Queensland Public Trustee manages.
- He has $6,209 worth of assessable assets and his property is worth $420,000
- We manage his living expenses, utility bills and insurance.
- Peter only needs to contact us once a month.
Our fees for Peter
To ensure Peter's fees are reasonable according to his financial circumstances, Peter is eligible for a rebate.
We cap the fees for personal financial administration and asset management at 5% of his assessable assets.
His principal place of residence is also excluded from his assets before calculating the asset management fee.
Peter's personal financial administration and asset management fees
- His personal financial administration fee is $6,629.85
- His asset management fee is $200.10
- These fees before rebate are $6,829.95
- We cap Peter's fees to 5% of his assessable assets of $6,000 which is $300
- This means Peter receives a rebate of $6,119.30
Incidental outlays
- Incidental outlays are $102
Real estate property fee
- The real estate property fee is $996.55
- We rebate the fee as it's his principal place of residence, so the fee is $0
- This means Peter receives a rebate of $996.55
Peter's total annual fees including the rebate
- Total fees are $300 + $0 + $102 = $402