Your Last Will and Testament Information about the Public Trustee’s What are the fees? Will drafting services and safe storage Will drafting fees are calculated based on whether the in the WA Will Bank Will is a simple or complex Will, and whether the Public Trustee, or someone else, is named as the executor. The Public Trustee provides quality will-drafting, A specific set of criteria is used to determine whether trustee and asset management services to all the Will is a simple or complex Will. For example, a Western Australians. We employ specialist solicitors, complex Will may be one where a gift is being made to accountants and taxation experts, genealogists, an overseas organisation, there is provision for a family investment and property managers, Wills officers and trust to be continued or wound up or where the person estate and trust managers who can help you or your has an interest in a private company or a farm. Our loved ones with: Client Service Officers can inform you of the range of • Wills and Will storage criteria and help you determine whether you are likely to have a simple or complex Will. • Enduring Powers of Attorney Simple Wills have fixed fees, while the preparation • Deceased Estate Administration of complex Wills is charged at an hourly rate and is • Executor Assistance subject to a minimum fee. Pensioners receive discounts • Trustee services on all fees. Can the Public Trustee write my Will? Simple Will: Public Trustee Yes. As this is part of our core business, we are familiar Private executor as executor with the many and sometimes complex issues that can arise when deciding how to divide your estate. Pensioner $40 $308 The Public Trustee also prepares Enduring Powers of Not a $50 $385 Attorney, which you may also wish to create when you pensioner have your Will written. Couple (at least one is a $65 $396 Wills nominating the Public Trustee as pensioner) executor Couple $80 $495 (non-pensioners) The Public Trustee drafts Wills that nominate the Public Trustee as your executor. Our expert team of estate managers provide a professional, reliable and impartial Complex Will: service when carrying out this important role . Public Trustee Private executor as executor Private Wills Pensioner $148 per hour $148 per hour The Public Trustee also drafts Wills for people who (minimum fee $40) (minimum fee $308) nominate someone else, such as a family member or Not a $185 per hour $185 per hour friend, as their executor. pensioner (minimum fee $50) (minimum fee $385) In addition our Executor Assist service is also available Couple $148 per hour $148 per hour to help private executors with certain parts of their role (at least one is a (minimum fee $65) (minimum fee $396) pensioner) such as obtaining the grant of probate. Telephone the Public Trustee on 1300 746 116 to find out more about Couple $185 per hour $185 per hour executor services and Executor Assist. (non-pensioners) (minimum fee $80) (minimum fee $495) Your Last Will and Testament Note: To be treated as a couple, stored for added security. There is management fee and may also the Wills need to be substantially no charge for people who deposit include an annual residence and similar. At times, fees might be their own Wills in the WA Will property management fee. A charged in six minute units. Public Bank, however, a fee may apply fee for the cessation of the trust Trustee as executor includes when when a third-party deposits a will also apply. These fees will be the Public Trustee is nominated as Will on behalf of another person. further explained at your meeting. a substitute executor. While alive, only the testator or their lawyer can retrieve the Will. Investments What is the process? After death, only the executor When necessary, for example, Arrange an appointment by (or other authorised person) can when managing a trust set-up calling 1300 746 116. When you access the Will – a copy of the under a Will, the Public Trustee arrive for your appointment, one death certificate and approved may choose to place the trust’s of our Wills Officers will discuss identification (or written legal funds in one of the four Public your wishes and provide advice authorisation) is required. Trustee Investment Funds as well on the best way to outline these in as in the Common Account. If you’d like to store your Will in the your Will. Please bring some photo Management fees are applicable WA Will Bank, please complete identification and a list of your but these are deducted from the the lodgement form (available on assets, as well as the full names, funds before interest payments our website or by calling 1300 746 dates of birth and addresses of are credited back to the trust’s 166) and bring it along with your your beneficiaries. At the meeting, account. Individual fees are original signed Will and two types you will be provided with an not charged. Money held in the of identification to the Public estimate of how much it will cost Common Account earns interest Trustee. to prepare your Will. It will then calculated daily and is credited be prepared and retained by our Please note: The Public Trustee to the trust’s account on a twice- legal team. will not check the content of yearly basis. The Public Trustee Wills that are simply lodged in Investment Funds are sometimes After-hours appointments are the WA Will Bank and that do not also called Strategic Investment available on the first Tuesday name the Public Trustee as the Accounts and are strategic of every month. Our Wills team executor, and therefore takes no common accounts under the also visits the Peel Community responsibility for the Will’s validity Public Trustee Act 1941. Legal Services centre every third or interpretation. If you would like Friday. A mobile Wills service is your Will checked or professionally available to visit people who live written, you will need to make an within 50kms of the Perth CBD appointment with one of our Wills and are house-bound. Translators Officers. Standard Will drafting are available for non-English fees will apply. speaking people and assistance Public Trustee can be provided for those with a Trusts 565 Hay Street, Perth hearing impairment. Your Will might specify that a trust Western Australia 6000 Where do I store my Will? be established (for example a Office hours: 8:30am – 4:15pm trust that holds assets for a child (Mon – Fri) The Public Trustee’s WA Will Bank Postal Address GPO Box M946, Perth or disabled beneficiary or gives is a free community service that Western Australia 6843 a beneficiary a life tenancy in a keeps Western Australian Wills Tel: 1300 746 116 property) and name the Public safe from loss, theft or damage. Fax: (08) 9325 2663 Trustee as trustee of that trust. Original Wills are stored in a firstname.lastname@example.org Fees for acting as trustee of these purpose built, fire-proof, vault and www.publictrustee.wa.gov.au types of trusts include an annual also scanned and electronically transaction fee, an annual asset Fees and charges are subject to change from time to time without notice. Other fees and charges may also apply. For detailed information regarding our fees, please refer to our Scale of Fees. The information contained in this brochure is to be used as a guide only. It has been prepared without consideration of any specific client and does not constitute legal advice. To the maximum extent permitted by law, the Public Trustee disclaims all liability and responsibility for any direct or indirect loss or damage that may be suffered by any reader through relying on information contained in or omitted from this brochure.