irrevocable life insurance trusts

Plante Moran Trust is pleased to serve as Trustee of your Irrevocable Life Insurance Trust. In this capacity, we will collect and remit annual premium payments, serve annual Crummey notices to beneficiaries, as required, and provide periodic accountings.

Fees are calculated and billed annually.

One-time Set Up Fee		$500
Annual Fees
Maintenance		$750
Additional Policies		$200

Extraordinary or unusual services, including policy exchanges and special policy evaluations may require additional fees based upon time expended and responsibilities assumed.

Following the death of the insured, the fee schedule for full service trusts will apply. Where the agreement requires distribution of all or some principal after collection of the insurance proceeds, a 1% distribution fee of the value distributed will be charged.