When your trust enters Life Insurance Trust Company the following occurs:

Step 1

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.


Step 2

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.


Step 3

Trust and Policy Administration: Establish ongoing requirements specific to your account, such as gift notices, Crummey Letters, and ongoing reporting requirements as needed.


Step 4

Annual Review: Your poli cy will be reviewed on an annual basis to ensure it is consistent with the terms of the trust.  


STEP 5

Customer Services:  Life Insurance Trust Company is dedicated to our clients and is here to answer any questions you may have.


 

 

 

If at any time you have a question or concern, you will be able to reach out to a trust or life insurance professional.

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