Who is the trustee of the client relationships?
NITC is technically the trustee of all Citadel trust client relationships. However, NITC is permitted to conduct trust activities under assumed business names. This allows Citadel Trust Company to utilize its expertise in life insurance analysis and ILIT management in local markets while complying with trustee laws. The marketing focus and client interactions, including periodic client statements, “Crummey” notices, premium collection notices or other client interactions refer to the Citadel Trust Company.