NOT very expensive - it's like 0.5% or less of the total value under management per year only, excluding transaction / brokerage charges if buy/sell management happens.

Note - since i do NOT have RM3M worth of financial assets yet, my current will has something like:
IF blah blah >=RM3M then a testamentary trust is to be created and section blah blah executed
ELSE
payout blah blah

Hi referring to the above.
1)Does it mean trustee starts charging 0.5% yearly after your death managing the trust fund? Is there anyway to nego with said would be brokerage charges and fees rate upfront for x number of years average so family is never exploited by said firm?
2) whoa, can do that if x happens then execute A, if else, just payout? That sounds cool. Without thinking one can do this just in case, one forgets that he/she just kena lottery one day and gone the next! Right?