Family Office Services

Setting client expectations
Establishing a web-based "virtual taskmaster" to manage all next actions
Completing the underwriting paperwork
Coordinating the medicals
Collecting APSs from physicians
Submitting the APS as part of the informal private applications
Wisely recommending when clients should get additional tests
Collecting and evaluating tentative offers
Negotiating among the underwriters giving offers
Running Win Flex to clarify costs per million
Updating illustrations with the expected cost per million
Submitting formal applications with completed medical information
Suggesting the optimal funding time-table
If necessary, proposing how to 1035 old policies into new policies
If doing 1035 transfers, address recognition of taxes if old policies surrendered
Coordinating with Attorney to create ILIT for the new policy

Coordinating with Attorney to get client signatures on the ILIT
Coordinating with Attorneys to create Split $ Agreement, if necessary
Reviewing if/how the proposed policy conforms with TOLI guidelines
Communicating underwriting status details to the client and adviser team
Getting clients initials on proposed ledgers
Coordinating with client to set up bank account for new ILIT
Coordinating with client to fund the ILIT bank account and write a check for the new policy from the new bank account
Receiving the policy form the carrier
Delivering the policy to the client
Communicating with client during "free look" period
Facilitating payments from the ILIT to the carrier
Directing policy statements to the correct parties
Clarifying what must happen during quarterly or annual policy reviews
Establishing roles, goals, and controls for trustee or financial adviser monitoring policy performance