When your trust enters Life Insurance Trust Company the following occurs:
Pre-acceptance: A team of professionals will review the trust document and the policy. An initial policy report will be produced to establish a baseline and identify any remediation needs for the trust assets.
Introduction to Life Insurance Trust Company: An introduction to the team handling your account; each account will be assigned a Trust Officer and an Insurance Specialist.
Trust and Policy Administration: Establish ongoing requirements specific to your account, such as gift notices, Crummey Letters, and ongoing reporting requirements as needed.
Annual Review: Your poli cy will be reviewed on an annual basis to ensure it is consistent with the terms of the trust.
Customer Services: Life Insurance Trust Company is dedicated to our clients and is here to answer any questions you may have.