The TOLI Center Overview

TOLI risk management should be differentiated from custodial care administration.  TOLI is generally described as a low risk investment but it requires attentive annual monitoring to identify changes in trust objectives and adverse policy performance, especially if the trustee accepted an indeterminate “flexible” premium non-guaranteed death benefit policy. 

A trustee must demonstrate defensible product suitability decisions based on credible policy performance reporting.  Fiduciary conduct is measured against a process standard, not a performance standard.  As a result, a TOLI fiduciary must demonstrate a prudent risk identification and mitigation process to avoid breach of trust allegations.

We understand the policy reporting, portfolio management, systems integration, regulatory compliance, and privacy needs of corporate and professional trustees.  Establishment of a cost-efficient "best practices" TOLI risk management process requires a service platform that can accommodate changing risk management standards and increased informational reporting and communication to trust parties.

The TOLI Center was co-founded in 2007 by its Management Team and TrustBuilder, a leading TOLI service vendor to corporate trustees since 1992, to provide customized TOLI risk management support services to professional trustees, family offices and professional advisors.  Today, the TrustBuilder and TOLI Center platforms combine cost-efficient insurance trust administration with defensible policy and portfolio risk management so that our clients can demonstrate a prudent and reasoned risk management decision making process that meets the fiduciary standard of care test.

Please contact The TOLI Center's Management Team to review your TOLI outsourcing needs.

E. Randolph Whitelaw

George P. Whitelaw, III

Kenneth D. Jackson