An unfunded trust is a document, not a plan. Termn runs the funding: every asset tracked from counsel’s instruction to the institution’s confirmation, on one schedule counsel and the family can both read.
Each asset runs the same three steps, and the ledger for the trust becomes the funding schedule counsel actually has to deliver: every asset, its state in plain words, and what has been confirmed.
The owner signs the transfer instrument and the trustee signs acceptance: two capacities, recorded distinctly, even when they’re the same person.
The asset changes hands: stock retitled to the trustee, a deed submitted to the county, the institution’s beneficiary form filed.
The institution’s own record confirms it: an updated registration, a recording stamp, a statement naming the trust. A typed “done” never suffices.
| The asset | What moves | What proves it |
|---|---|---|
| Stock and brokerage positions | The position retitled to the trustee, with a specialist coordinating the transfer agent or broker. Medallion requirements are recorded as facts. | The updated registration or a broker statement showing the trust’s registration line. |
| Real property | The wet-signed, notarized quitclaim deed, submitted to the county recorder. Termn tracks the signing it cannot perform and helps with the legwork it can. | The recorded instrument: stamp, instrument number, date. A recorder rejection goes back to counsel where you can see it, never silently retried. |
| Accounts with beneficiaries | The institution’s own designation form, filed by the owner, naming the trust. | An uploaded confirmation: a statement page or letter naming the trust as beneficiary, confirmed by someone with authority. |
Counsel decides what moves · Termn tracks the execution · The ledger is the funding schedule
A beneficiary designation confirmed today can be undone by a refinance or an account migration tomorrow. Termn keeps each one on the record as in force and asks again every year whether it still is, so drift gets caught while the fix is still a form to file, long before it reaches probate.
Trusts that lend to family members pair naturally with a personal loan: the same contacts, and one ledger showing both the assets funded in and the note still outstanding.
The owner and trustee are often one person, and often in their seventies. Here is what is actually asked of them.
An email sent through Termn in your name carries one secure link to the agreement. It opens in the browser: no account to create, no app to install, nothing to pay.
Each signature is requested in plain words, once for each capacity: owner and trustee, recorded distinctly even when they are the same person. Where an institution insists on its own form or a notarized deed, the page says so. The signature is theirs alone; the chasing and the evidence gathering can sit with your side, and the record names who did each.
Every act is confirmed by email, to them and to you. If they hesitate, Termn does the reminding for seven days, so the awkward follow-up is never yours.
No account and nothing to install · They never pay Termn anything unless you assign the activation to them · A lost email is re-sent from /my, any time
The trust is one workspace: free if it’s your first and you’re working alone, $149 once after that. It covers every asset agreement inside it (the deed, the stock, every designation) and the annual reverifications after. We never price per document or per asset.
Drafting is free with no time limit. See all pricing. Firms funding trusts every month want the Operator subscription.
Your first workspace is free: one person, one agreement, start to finish.
Run your first agreement freeRather talk it through first? Contact us at sales@termn.ai.