Pooled Income Trust Pricing

TRUST SETUP

ADMINISTRATION

SURCHARGE FEE

TAX PREP FEES

SERVICE ADD ON

ADDITIONAL

Trust Set Up Fee

The trust set-up fee covers the cost of establishing the trust. In addition, we provide a designated CPT Institute representative to assist you throughout the process. You will be given a direct extension and a calendar link to book time with them as needed.

Important Information:

  • The one-time Trust Set up Fee will be automatically deducted from the trust account once it has been funded. We do not require any up-front fees!
  • Once the initial deposit is received, funds usually clear within 3-5 business days.  An email notification will be sent to the key contact on the account and, if applicable, the source attorney once the funds have cleared.

The trust account will be billed the following month by the 10th day

Trust Set-Up Fee

$175.00

Included:

  • Trust Documents 

  • Preparation and Signing of the Applicable Trust Documents  

  • Trust Bank Account Set up & Funding Verification

  • Notice Preparation 
 
  • Notice Mail Fees  

  • Our New Client Information Package 

  • Assistance with Large Capital Expenses (if applicable) 

  • Assistance with Past Debt Payments (if applicable) 

  • Arrangement of Investment Model with True Link Financial 

  • Introduction Meeting (Orientation) of the Trust Account (45 Minutes) 

  • 90 Day Unlimited Assistance and Setting up Trust Expectations

TRUSTEE FEE

The flat rate monthly trustee fee is a charge that covers the cost of administering your trust account. 

Your CPT Representative will assist you with the day-to-day duties of administering your trust, planning, and budgeting. They provide customer service to ensure your trust account is administered correctly. Please refer to the 3-4-3 Packet as this will provide you with our guidelines and policies.

Trustee Fee

See Graph Below

MONTHLY DEPOSITS

MONTHLY FEE

$0 to $300

$25

$301 to $600

$35

$601 to $900

$45

$901 to $1200

$70

$1201 to $1700

$85

$1701 to $2200

$105

$2201 to $2700

$140

$2701 and above

$200

Included:

  • Communication with main point of contact
    • CPT Institute communicates with one main point of contact. This can be either the Trust Beneficiary or the Trust Beneficiary Advocate listed on the trust documents.
    • This helps both the CPT Representative and main point of contact to limit miscommunication and keep track of responsibilities.
    • CPT Institute will only receive email/phone communication from primary contact for your trust account.

  • Ongoing Trust Account Updates  

  • Quarterly Trust Account Audits to ensure accuracy  

  • Up to 3 a Month Scheduled Meetings for Q&A 

  • Processing of Disbursement Requests  

  • Assistance on Large Purchases 

  • Access to our help@cpttrust.org Team to assist with general questions such as Statuses on Disbursement Request and Account Balance 

  • Providing of Annual and Quarterly Statements when Requested  

  • Ongoing assistance with Monthly Spending Plan Budgeting   

  • Wellness Checks

  • Unlimited Educational Resources  

  • Webinars  

  • Videos  

  • Quick Reference Guides 

  • Access to our CPT Portal

SURCHARGE FEE

Surcharge Fee

$2.5

per month

TAX PREP FEES

Tax Prep Fees

$0

Money is not invested for a Income Pooled Trust 

If the account reaches $25,000, we will encourage them to open a PSNT. 

TRUST ACCOUNT SETUP

WAIVED

Trustee Admin Fee | *Discounted Rate for Opening 2nd Account 

OPTIONAL ADMINISTRATIVE ADD-ON FEES

These services are OPTIONAL and can be added to your trust account at any time. 

All Fees are disclosed but tasks are as follows which are not limited to additional preparation.

TrueLink Card

$20.00

per month

Included in package below:


  • 
Card Set up
    • 30 Min – Orientation on How To Use The True Link Card
      • Virtual Signing of Agreement
      • Setting up Expectations
      • Q&A 
    • Ordering and Mailing of True Link Visa Card 
    • Setting up Initial Replenishment  
    • Optional: $30 – Rushed True Link Card (Expedited)  

  • CPT Institute to perform administrative tasks as follows: 
    • Administrative upkeep of True link card
    • 1 – Month Replenishment  
      • $75.00 Each Additional Monthly Funding
        • Budgeting preparation not included in Initial monthly replenishment 
        • Request Processing  
    • Monthly True link Spending plan budgeting 
    • Assistance with Receipt Matching 
    • Monthly True link Reconciliation 
 
  • Trust Beneficiary Responsibilities: 
    • Receipt Matching 
    • Monthly True Link Card Reconciliation

TEAM Risk

$50.00

per employee monthly

Included in package below:


  • Account Set up
    • Team Risk Application Assistance & Onboarding
    • Researching of Reasonable Wages in the area
  • CPT Institute to perform administrative tasks as follows:
    • Review & Processing of Payroll  
    • Time Sheet Review  
    • Disbursement Requests
    • Caregiving Budgeting and Burn Rate Analysis 

  • Trust Beneficiary Responsibilities:
    • Reviewing and providing employee work logs

Rush Fee

$35.00

Expedited mailing fee on
each Disbursement 
Rtequest

Included:

  • 3-5 business days expedited mail time 

  • Tracking Number

ADDITIONAL FEES

Extraordinary Dedicated CPT Representative Time

$75.00

an hour

This only applies when a Trust Beneficiary requires extraordinary, dedicated CPT Representative Time. Historically this has been applied to less than 1% of our clients).

Examples include:  


  • Sending a box of 15+ receipts for our team to organize, scan, and assist with disbursement request preparation