Software that covers all the details of the trust termination process.
Generate the correspondence and documents you need to terminate a revocable trust.
Cowles TrusTerminator offers a logical approach to help you easily work through the details involved in trust termination. It generates correspondence and documents, enabling an immediate, personal response to trustees and beneficiaries, beginning with initial notification of death. The system includes tracking tools to help you obtain asset information, create the inventory of assets, and complete the final accounting and distribution. TrusTerminator even creates state-specific deeds to convey real estate to beneficiaries.
Cowles TrusTerminator users also benefit from:
- Software with chronologically-based menus that walk you through the trust termination process
- Cowles Customizer to let you edit system language or add your own
- Substantive legal and technical product updates and enhancements
- Toll-free technical and content support
- Access to the Cowles Members Only website
- Membership in the Cowles Listserve
- A Guide for Administering the Revocable Living Trust
- A checklist to speed document drafting
Manage the trust termination process from beginning to end.
Here's a comprehensive list of the features included in Cowles TrusTerminator:
- Pre-Appointment - Creates all correspondence and documentation for pre-appointment client education and all necessary documents for the initial appointment.
- Initial Correspondence - Creates correspondence and documents to start the trust termination process.
- Offer to Sell - If estate plan includes an option to purchase, related correspondence, notices, and financing documents can be created. Generates bills of sale, deeds, and assignments of farm and other business personal property where appropriate.
- Creditor Correspondence - Notices to creditors, affidavits of notice, correspondence, and court filings may be created in this section.
- Asset Information - Includes a complete database for easy data entry on assets. Generates full reports including a list of assets on which information is still outstanding. Facilitates easy follow-up and full inventory reports.
- Valuation Correspondence - Includes standard fill-in-the-blank forms for easy completion and return of correspondence to third parties to obtain asset information.
- Real Estate Documents - Prepares documents to show clear title to real estate held by the trust for recording.
- Trust Accounting - Generates an accounting of all activity from date of death through date of distribution.
- Tax Correspondence - Includes correspondence to tax professionals, cover letters enclosing tax returns, certification of various documents, and correspondence to beneficiaries enclosing K-1 forms.
- Disclaimer - Uses the list of assets created for the inventory to select assets to be disclaimed and generates the disclaimer document.
- Testamentary Trust - Creates documents to fund trusts from the revocable trust, including items to obtain taxpayer ID number and a memorandum of assets to be transferred to the trust.
- Transfer of Assets - Creates documents to convey assets to appropriate beneficiaries by simply clicking on the beneficiary and the asset.
- Other Correspondence - Includes letters to the trustee and beneficiary for various stages in the termination process.
- Session Journal - Allows everyone working on the file easy access to file status and content of communication, and may be used for billing purposes.
- Contact Manager - A comprehensive database of information on third party contacts for easy location.
Get started with Cowles TrustTerminator today.
- Call 1-800-227-0721
- Contact your West representative
- Email tlr.cowleslead@thomson.com
Take a Closer Look
See how Cowles TrusTerminator brings order to the trust termination process.
Here's a full list of the forms and documents included with the current version of TrusTerminator.
TrusTerminator is compatible with most versions of Microsoft Windows.
Cowles TrusTerminator can be purchased individually or with Trust Plus as part of Cowles Complete.
Learn more
Cowles Estates Practice System provides forms, checklists, and guides to draft wills, terminate trusts, and grow your estate planning practice.