Asset transfer letters include all correspondence to third parties who hold clients' assets or who need to make title or beneficiary designation changes within their records. The letters are prepared, so the client(s) can easily take the appropriate letter to the institutions where the assets are held, and sign paperwork requested by each institution.

The Asset Transfer Letters highly increase the likelihood that the trust will be fully funded, and nearly eliminate calls to the law office from banks and other institutions with standard questions. Letters are customized for each situation/type of asset, and are personalized with the client(s)' name, address, and trust information. The client(s) only needs to insert the name of the institution and the account number, and deliver or mail the letter as appropriate. Use of these letters also makes certain that the ownership and beneficiary designations on life insurance and tax-deferred assets are analyzed and directed appropriately.

Asset Transfer Letters may be chosen individually, giving the user the ability to select only the letters needed, or may be chosen as a group of letters ("One of each letter"). If a group of letters is selected, the system will generate one of each type of letter and blank lines will be inserted into the letters where appropriate, (e.g., beneficiary designations). If individual letters are selected and prompt boxes are completed, the letter will be customized with appropriate information. If chosen individually, the system will prepare up to ten letters of each type.

The system offers the option as to whether information in the Contacts database should be integrated into the letters generated. If Yes is selected, the contacts database will be displayed for each letter allowing you to choose which contact is appropriate. If No is selected, letters will be generated with blanks so that the contact information can be filled in at a later date.

A variety of letters are available for selection. If contact information is to be integrated, the Contact screen will be displayed at this time.

Depending on the document, the system will prompt the user for additional information. At any prompt, if the word TRUST is inserted, the software will automatically insert full language naming the trustee(s) of the appropriate trust(s). After proceeding through the prompt boxes, the system gives you the option to choose an additional letter of the same type, or to exit back to the Asset Transfer Letters menu.