How TOLI Trustees Can Avoid Getting Sued

How TOLI Trustees Can Avoid Getting Sued

Michael Brohawn, CFP, CLU Chief Marketing Officer and Aaron Hanson, CLU, ITM TwentyFirst

Most Trust-Owned Life Insurance (TOLI) trustees are not aware of the many ways that they can be sued. Life insurance is a peculiar asset, and policy management and the administration of a TOLI trust often leave the TOLI trustee open for litigation on many fronts. This session will review the most prevalent litigious situations, show actual cases where trustees could have been liable for hundreds of thousands of dollars of damages, and provide the trustee with solutions to mitigate their liability. A session workbook will be provided to attendees outlining actual case studies and solutions. For the TOLI trustee hoping to avoid his or her day in court, this session is a must.

Session Handbook: Download