Who is Eastern Point Trust Company?
Provider of Kiss Trust, QSF360, and More
Eastern Point Trust is a chartered, non-depository trust company that provides trust and financial services to thousands of clients annually. EPTC’s financial solutions (QSF360, Kiss Trust, Special Needs Trust+, Settlement Protection Trust, etc.) are available to everyone across the United States, and around the world.
Create trusts that last a lifetime, regardless of your net worth.
A § 468B compliant QSF service for attorneys, claimants, and mass tort litigators.
Special Needs Trust+TM
Designed to better meet the needs of families with special needs.
Settlement Protection TrustTM
A unique trust service that keeps settlement funds in the hands of those who need it most.
Institutional Trustee and Trust Administrator to Kiss Trust
Kiss Trust is the only all-in-one trust solution, and while the client-guided trust creation is a key feature of Kiss Trust, it is the integrated trustee service and ongoing trust administration, which Eastern Point Trust Company provides, that makes it all work. Every trust, without exception, is administered by the institutional trustee: Eastern Point Trust Company. What is an institutional trustee? In essence, a team of highly trained and dedicated trust professionals that understand the ins-and-outs of administering a trust (thousands in our case). An experienced Trustee helps mitigate the unintended liabilities that an inexperienced trustee or unsupervised family member exposes the trust to over time.
Regulated, Chartered, and Non-Depository
Fiduciary Expertise
EPTC’s staff is comprised of internationally recognized fiduciary and trust experts that Federal and State courts regularly rely upon related to expert testimony, trust construction, administration, and fiduciary matters.
Our diverse fiduciary expertise and experience consist of: • Qualified Settlement Fund Administration (QSF360) • Custodial Account, Settlement Trust, and Corporate Escrow Account Services, • Rabbi & Restricted Trust administration and trustee services • Guardianship and Custodial Trust administration and trustee services • Pooled, First Party and Third Party Special Needs Trust administration and trustee services • Coogan Trust administration and trustee services • Institutional Corporate Trust administration and trustee services • Court Ordered Trust administration and trustee services.
Institutional Experience and Growth
For 30 years, the commitment to our company values has helped create services that focus on our client success first – which is the main reason why our extensive institutional experience continues to grow today. Eastern Point Trust has become the fastest growing trust company in the United States through the administration of trusts related to some of the most recognized cases in recent history.
Our wealth of qualified settlement fund experience extends to:
BP Oil Spill | Deepwater Horizon
BP Oil Spill | Deepwater Horizon
Asbestos (Mesothelioma)
Asbestos (Mesothelioma)
Stryker Knee
Stryker Knee
ACTOS
ACTOS
Avandia
Avandia
Vizio TV
Vizio TV
Prempro Products
Prempro Products
Pradaxa Products
Pradaxa Products
American Medical Systems, Inc.
American Medical Systems, Inc.
DePuy Orthopaedics, Inc.
DePuy Orthopaedics, Inc.
NuvaRing
NuvaRing
Medtronic, Inc.
Medtronic, Inc.
YAZ
YAZ
Ethicon Pelvic Mesh
Ethicon Pelvic Mesh
Xarelto
Xarelto
Lipitor Type II Diabetes
Lipitor Type II Diabetes
Viagra
Viagra
Occidental
Occidental
Single Claimant
Single Claimant
Financial Integrity
Eastern Point provides support to trusts of all sizes and maintains standing money market and investment facilities with some of the country’s biggest and most respected sub-custodians, banks, and financial institution networks with the ability to accommodate accounts of up to $100 billion with expended FDIC insurance on accounts up to $25 million. In addition to capital in excess of regulated net capital requirements and a clean balance sheet with no liabilities, Eastern Point maintains per event, per client primary, and umbrella coverages for liability, theft or missing funds, E&O and cybercrime protection. SPIC and the FDIC also insure accounts, as the case may be. Additionally, as a non-depository trust company, the risk of theft and misuse of funds is inherently lower as all assets are held directly by the respective fund company or custodian bank and verified by the individual custodian daily. This structure eliminates any and all client risk from erosion of EPTC’s financial condition or discounting business, and direct theft loss risk as EPTC holds no funds as a deposit or comingles client assets with EPTC assets. As a non-depository trust company, all client assets are in segregated custody client asset accounts, and thus client assets are not at risk should EPTC cease operations. Further, client assets are protected by statute from claims of EPTC creditors.
Compliant and Risk Averse
With our independent internal and external compliance audit processes, Eastern Point provides an unmatched level of compliance and risk avoidance ensuring adherence to all applicable court, state and federal requirements as well as asset safekeeping. Eastern Point is one of the only financial service firms in the country to have a perfect compliance record since its historical inception in 1986. With a robust system of checks and balances, along with independent internal and external compliance audit processes, Eastern Point provides an unmatched level of compliance and risk avoidance that ensures adherence to all relevant court, state and federal requirements (including Dodd-Frank and Bank Secrecy Act), as well as asset safekeeping. Eastern Point’s securities trading and holding activities are audited and regulated subject to the Financial Industry Regulatory Authority (FINRA), the Securities and Exchange Commission (SEC), and state security regulators – which provides our clients with the assurance of continual oversight that most other trustees do not offer.