TrustButler manages time-sensitive tasks
Gift Reminders
Communicating with grantors and bill payers to ensure your trust is funded
Paying Premiums
Reminding bill payers to remit premiums when due and record payment information
Crummey Notices
Generating and sending Crummey notices to beneficiaries and recording acknowledgements
Reviewing Policies
Reminding Trustees to periodically review policies and storing inforce illustrations used in the review
Monitoring
Escalating overdue tasks
On-Demand Reports
Generating annual gift reports and maintaining secure long-term record-keeping
The Dilemma
As you may know, administering Crummey-powered trusts has long been inefficient and uneconomical. Few professional firms choose to administer these trusts and those that do often charge very high fees.
Left with few solutions, many trustees, without the proper resources to administer the Crummey process, are unable to maintain a compliant trust. As a result, many wealth transfer plans are at risk.
Our Solution
TrustButler is a cloud-based ILIT administration solution designed to automate important reminders and notices. It is used by large law and financial advisory firms for their Partners and clients.
With TrustButler, ILIT trustees have peace of mind that all transactions are properly recorded and tracked while reporting is only a click of a mouse.
