TrustBuilder

TrustBuilder is the industry standard for cost-efficient outsourced administration of Trust-Owned Life Insurance (TOLI). Since 1992, we have prepared over 43,000 factual information TOLI performance reports for regulated corporate trustees, personal trustees, private offices, law firms and other estate planning professionals who lack the necessary experienced staff and systems to internally administer TOLI and monitor TOLI performance consistent with legislative and compliance requirements and internal risk management guidelines.

Client ILIT Management Database (IMD)

TrustBuilder clients have access to an ILIT Management Database (IMD) to administer ILITs internally in a confidential environment while outsourcing only necessary TOLI policy data to TrustBuilder for preparation of TOLI performance review reports. A customized IMD can be loaded with installation data and returned to the client to maintain on their server or workstation. Updated TOLI policy and performance data will be periodically downloaded from TrustBuilder to the IMD so the client maintains control of all confidential internal and outsourced data.

Contact TrustBuilder for instructions to download an IMD Demonstration program.

Trust Account Reports

Select from our base Trust Account Report formats or ask
TrustBuilder to custom design a report for your annual communication
to grantors, beneficiaries and their professional advisors.

Secure Access to Electronic Reporting

Clients have secure access to their client folder at TrustBuilder
to download policy and portfolio reports and exchange
TOLI policy data with TrustBuilder.

Life insurance is purchased and held in trust to fund a future unacceptable financial risk or predetermined obligation arising at the insured’s death. The receipt of life insurance proceeds at the future death of the insured is the first objective of every ILIT, the first measure of performance of every TOLI policy and the first responsibility of the trustee. TrustBuilder provides the outsourced systems, experienced staff and life insurance expertise necessary to cost-efficiently administer TOLI and report TOLI performance.

Our outsourced TOLI services are designed to provide policy performance data, carrier ratings data, and portfolio management data in a consistent format to professional trustees in support of their TOLI management and compliance requirements. Our TOLI policy performance reports provide the necessary information for trust investment committees to make their annual policy performance determination and to facilitate their communication with grantors, beneficiaries, professional advisors, insurance agents and brokers.

Our TOLI administration services are strictly fee-based. By contract with each client, TrustBuilder cannot serve as a policy provider and cannot receive insurance policy commissions in consideration of its administration services.

Please visit the TrustBuilder Library for topical information, TOLI presentations, professional advisor articles and State Insurance Department Opinions related to insurance consulting services.