OVERVIEW

News & Events

8/7/2014

Survey Results Are In!

Insurance Trust Monitor conducted a survey that was sent to all previous webinar attendees. If you received the survey and took the time to respond - thank you for your participation.

With responses from over 100 institutions, we hope this information gives you insight into how trustees are managing Insurance Trusts. I hope you find this data helpful. If you have any questions, please contact me directly.

Click for Survey Results

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8/7/2014

Midwest Trust & Wealth Management Conference

ITM will be exhibiting at the upcoming 
Midwest Trust and Wealth Management Conference put on by the Michigan Bankers Association. The conference is scheduled for

October 6 - 8, 2014
Plymouth, Michigan



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8/7/2014

New Faces join the ITM Family

Welcoming our new employees at ITM!

Help us welcome our three new employees: Lora Mills, Jesse Alexander, Joan Rice



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8/7/2014

Fall Webinar Schedule Released

We've released a whole new schedule for upcoming webinars. New topics, new guest speakers, new literature - You won't want to miss out. Click below to get registered today!

New Fall Webinar Schedule

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6/25/2014

New Corporate Clients Announced

We'd like to an announce and welcome two new corporate clients to the Insurance Trust Monitor outsourcing solution.
Haverford Trust Company -  Radnor, PA
Security National Bank - Springfield, OH

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6/24/2014

2015 Heckerling Institute on Estate Planning

We will once again be participating in the Annual Heckerling Institute on Estate Planning.

January 12 - 16th, 2015
Orlando, FL

The Heckerling Institute on Estate Planning is the national gathering place for estate planners, including attorneys, trust officers, accountants, insurance advisors, and wealth management professionals. In addition to the highest quality educational programming, attendees enjoy unparalleled networking and professional development opportunities and can review the latest in technology products and services displayed by over 100 vendors in an exhibit hall dedicated entirely to the estate planning industry.


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4/21/2014

Texas Bankers Conference


ITM will be exhibiting at the Texas Bankers 2014 Wealth Management & Trust Conference
The annual Wealth Management & Trust Conference is a must for wealth management and trust professionals throughout Texas and neighboring states. Featuring top-notch speakers and materials, continuing education credit (CTFA, CFP, CLE, CPE) and valuable networking opportunities, the event is worth every penny.

Wednesday, April 23rd - Friday, April 25, 2014

Omni Mandalay Hotel Las Colinas
221 E. Las Colinas Blvd
Irving, TX  75039

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1/8/2014

ITM will exhibit at FIRMA - April 27 - May 1st

The 28th annual
FIRMA National Risk Management Training Conference will be held April 27th - May 1st, 2014 at the Hilton Orlando Lake Buena Vista in Orlando, Florida. Please mark your calendars now and be sure to stop by our booth.

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12/19/2013

ITM exhibiting at Heckerling Conference


If you are responsible for Irrevocable Life Insurance Trusts, stop by our booth at the Heckerling Conference, January 13-17, 2014. Let us show you how Insurance Trust Monitor will help you manage specialty assets more efficiently and with much less risk!!!

Booth Space F
January 13th - 17th, 2014

ILITs are an important estate and tax planning instrument for your wealthy clientele. However, they offer little, if any, upside potential in comparison to the significant risk they pose to your company. Insurance Trust Monitor (ITM) has perfected a business model for managing life insurance trusts in partnership with corporate fiduciaries. If you have ILITs, you may want to seriously consider this unique opportunity. ITM is the #1 administrator and manager of insurance trusts in the country through its partnerships with two dozen institutions. ITM consistently reduces your fiduciary liability, improves client satisfaction, increases your profits and lowers your operating expense.

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10/25/2013

Senior Counsel hired at ITM

Jeffrey J. Seward J.D., Ph.D.

Jeffrey J. Seward joined Insurance Trust Monitor in 2013 with over 20+ years of legal and trust services experience. He is responsible for all legal affairs regarding the company. Mr. Seward earned his Bachelor of Arts degree in liberal arts and pre-law from Ohio Northern University, a Master's degree in management from the University of Nebraska, and a Juris Doctor degree from Ohio Northern University College of Law. Jeffrey is “coming home” as he started his career practicing law as an Iowa lawyer in western Iowa, before holding numerous legal and management positions in trust departments for many major banks in the United States. He is a member of numerous Estate Planning Councils nationwide, serves as a trust expert for the Technical Advisory Service for Attorneys (TASA), and holds the designation of Registered Trust and Estate Practitioner (TEP) with the Society of Trust and Estate Practitioners worldwide. Mr. Seward belongs to numerous State and Federal Bar Associations throughout the United States. He is a frequent public speaker on the subject of Wills and Trusts and has been published in various professional magazines and journals. He currently serves as an Adjunct Law Professor at Barry University School of Law, teaching courses in "Wills, Trusts, and Estates" and the "Drafting of Wills and Trusts."

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9/10/2013

Aaron Hanson acquires CLU® certification

As of Sept 1st, our own Aaron J. Hanson has earned his CLU® (Chartered Life Underwriter) accreditation. This certification means that Aaron now carries specific knowledge and training in several areas, including life insurance, pensions, taxation, finance, retirement planning, estate planning, and planning for business owners. This also means Aaron is now a financial professional who meets the educational, experience and ethical requirements established by The American College.

In order to obtain the CLU designation, Aaron was required to:

  • Take and pass eight courses administered by The American College
  • Have at least three years of qualifying full-time business experience in insurance or financial planning.
  • Pass a fitness standards and background check
  • Comply with The American College Code of Ethics and Procedures
Aaron’s efforts in improving his professional knowledge shows his dedication to increasing the already high level of service he brings to ITM clients. Please do not hesitate to call Aaron - let him help you be more effective with your clients.

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9/4/2013

Free Webinar Series - PDS Companies & ITM

A business partnership between Insurance Trust Monitor and PDS Companies that has joined forces to bring you all the tools and services you need to administer and manage unique assets and life insurance policies. We are kick-starting that partnership by offering a webinar series focused on the August 2012 Office of the Comptroller of the Currency (OCC) Comptroller's Handbook on Unique and Hard-to-Value Assets. This webinar series will help educate you further and make you even more valuable to your clients.
Click below to visit the company website for our new strategic business partnership:

PDS Companies
Monthly Learning Series Schedule

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8/7/2013

Strategic Business Partnership

Insurance Trust Monitor, Inc. (ITM) in Cedar Falls Iowa and PDS Companies, Inc. (PDS) located in Arlington Texas are pleased to announce a strategic marketing and educational alliance. We can assure you this is an alliance you can count on to provide expertise with your Unique and Hard-to-Value trust related assets.

ITM and PDS are industry leaders that have developed software and specialized services designed exclusively for fiduciaries managing unique and hard to value assets. With many of the top 25 financial institutions represented and over 500 combined clients, a collaborative marketing and educational program between ITM and PDS allows our shared client base an opportunity to take advantage of our combined expertise and experience as well as enhance services provided to support the management of life insurance, real estate, oil and gas, timber, and closely held business assets.

The trust and wealth management industry is a dynamic environment. Recognizing the ongoing challenges related to unique and hard to value asset management and the recent release of the OCC handbook governing these assets, ITM and PDS are delighted to offer an all new educational webinar series targeting key changes in compliance and regulatory guidelines along with best practices for routine management issues. In addition, free continuing education credits for CTFA and other designations will be available.

Visit the ITM and PDS websites for information regarding upcoming local and regional trust conferences, new blogs, and free continuing education webinars!

Educational Webinar Series Schedule Announcement Coming Soon!

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5/28/2013

May 29th Webinar Handbook and CEC Request Form

Use the link below to download the Webinar Handbook for the May 29th webinar titled: Life Insurance Management in a Trust Setting - Part 2. Additionally this document will include your CEC Request Form

Webinar Handbook and CEC Request Form

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5/14/2013

Insurance Industry Leaders Meet at West Point

MYSTIC, Conn., May 13, 2013 /PRNewswire/ -- Industry leaders met at West Point April 24 -- 25, 2013 to discuss and review the proposed Best Practices Standard for Life Insurance Stewards. In attendance were representatives of nearly every facet of the life insurance industry, including: the largest trust and estates law firm; largest third-party administrator of trust-owned life insurance for institutional fiduciaries; the largest association of financial planners; one of the leading financial planning universities; and, most of the largest independent distributors of life insurance.

The edited standard, which will now be referred to as the "West Point Draft", will be administered by an Advisory Board overseen by the Leadership Center for Investment Stewards, a Swiss-based, not-for-profit professional society. As soon as practical, the Leadership Center will publish the West Point Draft and provide the public web-based access to the Standard and the ability to comment on the proposed language.

Follow this Link provided by Veralytic to view the draft now:
http://www.veralytic.com/westpointdraft.aspx

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4/2/2013

April 2013 Webinar - Part 1

Life Insurance Management in a Trust Setting

Part One of this webinar provides a background of life insurance policy types along with considerations (advantages / disadvantages, etc.) for each type of policy. It reviews the methods (suitability/criteria) to develop best practices for life insurance purchases and/or replacements. It also will provide guidance to the Trustee for the steps that must be taken for managing policies, including proper documentation to mitigate trustee liability.

Tuesday, April 23rd 10:00 a.m. - 11:15 a.m (CDT)
Register for Webinar

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4/2/2013

May 2013 Webinar - Part 2

Life Insurance Management in a Trust Setting

Part Two of this webinar will provide an overview of the importance of the trust document, including specific issues and problems that can occur and what to look for when accepting a trust. In addition, the webinar will cover the issues that a trustee can run into when dealing with a life insurance trust including managing beneficiaries, and dealing with a non-responsive grantor.

Wednesday, May 29th 1:30 p.m. - 2:30 p.m (CDT)
Register for Webinar

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4/1/2013

JHAM Radio Interview

Tune into the JHAM Radio Series titled Trust Owned Life Insurance: From the Theoretical, to the Practical and into the Future!






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4/1/2013

April 2013 Webinar

Life Insurance Management in a Trust Setting

Part One of this  webinar provides a background of life insurance policy types along with considerations (advantages / disadvantages, etc.) for each type of policy.  It reviews the methods (suitability/criteria) to develop best practices for life insurance purchases and/or replacements.  It also will provide guidance to the Trustee for the steps that must be taken for managing policies, including proper documentation to mitigate trustee liability.

Tuesday, April 23rd 10:00 a.m. - 11:15 a.m (CDT)
Register for Webinar

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2/18/2013

Life Insurance Illustrations Webinar

Many TOLI Trustees struggle with life insurance illustrations, one of the only (admittedly clumsy) ways to predict the outcome of a policy under various scenarios. Learn how to read illustrations and gain guidance for the use of illustrations to model different scenarios and policy outcomes.

 
Register for Webinar
Wednesday, March 20th


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2/14/2013

2013 Webinar Scheduled Announced

We will be hosting a free educational webinar every month in 2013. As the leading company of third party ILIT administration, we offer these webinars to help you expand your knowledge, gain valuable insight, and learn how to better manage your fiduciary risk. These fast paced webinars will include informative workbooks featuring real life examples and case studies. As noted, these courses are approved for CFP and CTFA continuing education credits.

2013 Monthly Schedule

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4/26/2012

Webinar Opportunties - Earn FREE CE credits

Register today for any of our upcoming webinars and earn up to three continuing education credits while you expand your knowledge, understanding & efficiency of Insurance Trust Administration.  We all know that managing ILITs has been cumbersome and considered risky buisness, but it doesn't have to be that way. We will show you some of the new tools we can provide to help reduce your fiduciary risk associated with ILIT administration.  Below are the webinar titles and their respective dates/times:

Life Insurance Management in a Trust Setting
Thursday: May 10th - 10:00 a.m.
Dealing with Stand-Alone Irrevocable Life Insurance Trusts
Tuesday, May 15th - 10:00 a.m.
ILIT's and the Grantor Trust Rules
Tuesday, May 22nd - 10:00 a.m.

The webinar below DOES NOT qualify for CE credit 
Is it Time to Outsource your ILIT Administration
Wednesday, May 23rd - 10:00 a.m.

Click to register for the webinars today!

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8/10/2011

Wells Fargo Referral Program

Wells Fargo Advisors in St. Louis MO announced a “Referral Program” in conjunction with Insurance Trust Monitor, Inc. (ITM) of Cedar Falls IA. Represented by more than 15,000 Financial Advisors nationwide, Wells Fargo Advisors is one of the nation's premier financial services firms. This first of its kind referral program gives Wells Fargo Advisors, General Agents and their investment and banking clients access to ITM’s professional trust administration and policy review services at a fraction of the cost charged by most corporate trustees. When a Wells Fargo Advisor or General Agent referral occurs, ITM is engaged to serve as “Agent” for the trustee. In this capacity, ITM can assume the duties otherwise performed by the grantor or trustee without changing or replacing the existing trust structure. By ensuring timely gift and Crummey notices, as well as premium payment, coupled with objective policy review and monitoring, ITM provides all persons associated with the account, peace of mind.
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