TRUSTEES

Managing an ILIT is Risky Business

With the increased complexity of today’s life insurance policies, coupled with challenging economic times, it is no surprise that fiduciaries are experiencing an escalating number of policy failures. Today’s life insurance policies require on-going management and monitoring to ensure the best possible results. ITM provides trustee with services that will:

  • Monitor the policy and its performance taking into conisderation declining interest rates and increased insurance rate costs
  • Track suitability concerns by monitoring trust goals due to new tax laws or the grantor’s financial poistion, health and lifestyle
  • Research and implement new product offerings with improved efficiencies and mortality rates
  • Deliver administrative functions that include documentation, communication, monitoring requirements and risks