The funding audit is a fixed-fee service for estate planning firms. Send the funding letters your office already wrote. We build one funding schedule per client and hand back the number nobody has: how many of the trusts the firm drafted were ever actually funded.
The audit reads what your office already produced and nothing else. Counsel decided what belongs in each trust when the letter was written. The audit never second-guesses that. It measures what happened next.
One funding letter or schedule per client, plus whatever the file holds: recorded deeds, updated registrations, institution confirmations, statement pages. Scans are fine, and gaps are fine. A named asset with nothing behind it is a finding, not a defect in the submission.
Every asset counsel named becomes one line: what it is, what funding it means (a retitle, a beneficiary designation, money moved into the trust, or an assignment), and what the file proves about it. One schedule per client, in plain words, ready for the client’s file.
Per client: assets named, confirmed, never started. Across the book: which clients are done, which are close, and which never began. It fits on a page, and it is the number the firm has never had.
| A line reads | When |
|---|---|
| Confirmed | The institution’s own record is in the file: a recording stamp and instrument number, an updated registration, a statement page naming the trust. Nothing weaker moves a line here. |
| In force | A beneficiary designation the institution confirmed. It never reads as done, because a designation can quietly break later: institutions merge, forms reset. |
| In motion | Something went out and nothing has come back: a deed with the county, a form with an institution. The line names who it waits on. |
| Never started | The letter named the asset and the file shows nothing since. This is the pile the audit exists to surface. |
| Closed by counsel | Your office says it no longer applies, and the schedule records the reason. The count is only honest if the closed rows are. |
The audit contacts nobody: no client, no bank, no county · A typed “done” never reads as confirmed · Files are read for the audit and never sold, shared, or used for anything else
An audit ends with a list, and a list is work. If the firm wants it worked, the desk behind Termn’s assisted transfers does the paper legwork one asset at a time: the institution’s designation form prepared for the owner’s signature, the deed packet submitted to the county, the transfer agent followed up with until the confirmation comes back, medallion requirements recorded before they become surprises. Counsel decides every asset and every instrument. The desk moves paper and keeps evidence.
Or work the list yourselves: every audited client’s schedule is delivered in Termn, where funding runs as agreements with the proof attached, and the first workspace is free. If the drafting lives on another platform, the funding desk works the same list from that platform’s own output.
The audit is quoted as one flat number for the firm’s whole book, based on how many clients you send. It is never a percentage of what the assets are worth, and never a price per asset. Write to sales@termn.ai with a rough client count and the quote comes back in one reply. Asking commits you to nothing, and there is no call to book.
Prefer a form? The contact page reaches the same desk.
Your first workspace is free: one live workspace, unlimited agreements inside it, no card.
Close your first deal freeRather talk it through first? Contact us at sales@termn.ai.