How much does Kensington Trust Singapore charge to manage a Trust?

We have tied up with Kensington Trust Singapore, a licensed trust company, to deliver quality professional trust services at affordable prices. Please note that fees quoted below serve only as a guide. The actual fee will vary based on your specific requirements.

  • This is a summarised fee guide for Singapore clients. Because client situations are never the same, Kensington Trust can only provide more details when they meet the client. For foreign Clients, including EP holders, please enquire with Kensington Trust on the fees.
  • The fees quoted are the basic amounts. The final fee can vary for more complex cases that may require additional research and third-party advice.
  • Fees may be revised in the future as needed.
  • Currency is in Singapore dollars unless otherwise specified.
  • Clients should see Kensington Trust in their office. The first consultation of 45 minutes is complimentary.

There are typically 3 fees that you need to pay when appointing a professional Trustee:


Appointment Fee

Type Fee

Appointment of Kensington Trust as executor and/or trustee in the Will.

(Subject to Kensington's assessment)

$500 onwards. Per appointment, per Will.


  • Kensington Trust will only act as an Executor only if they are also acting as the Trustee of your Testamentary Trust.

Trust Setup Fee

To draft the Trust document

Type Fee Remarks
Standby / Insurance Trusts From $5,500 (excludes any initial Trust settlement which will be part of the Trust fund) Standby trust is a living trust that is set up during the lifetime of the Settlor. It holds minimal Trust Property, until the trust has assets poured into it - through a voluntary injection of assets or through a trigger event such as death or mental incapacity.
Active Trusts From $10,000 (excludes any initial Trust settlement which will be part of the Trust fund) Active Trust is a living trust that holds substantial assets that have to be actively managed by the trustee.
Other Trusts Please enquire with Kensington Trust Other Trusts – these include private trust companies, business succession trusts, charitable trusts, escrows and bare trusts.
Testamentary Trusts (Will Trusts) $0 when drafted through getArrange.com The trust is set up only upon the death of the Testator (i.e. there is no trust while the Testator is still alive).



For a Testamentary Trust, there are NO additional setup fees as the document is already drafted through our platform (hooray!)


Trust Administration Fee

Trust administration refers to the trustees’ management of trust assets according to the trust documents’ terms.

The table below provides a rough guide. It is not possible to provide a certain fee estimate for Trust Administration. This is because of the diverse nature of trust assets in the present and in the future, which may include local and foreign bank accounts, properties, underlying companies with passive and active businesses, global financial securities, art pieces, boats and others.

Type of Assets Annual Trust Administration Fee

Movable assets such as cash in bank and financial securities

(for standby and insurance trusts)

Between 0.15% and 0.10% per annum subject to a minimum of $5,000, or negotiable, depending on complexity
Active Trust assets Please enquire with Kensington Trust
Immovable assets such as homes and land Please enquire with Kensington Trust



Other services & Matters


  • Hourly charges for ad hoc non-routine work – Kensington Trust charges between $250 and $800 per hour depending on the seniority and experience of the staff member.
  • Kensington Trust do NOT draft Wills. Please refer to your Certified Estate Planner or getArrange regarding Will drafting matters.
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