Frequently Asked Questions

  • When you work with Inspire Trust, you can expect to receive knowledgeable, courteous, proactive service from a Trustee that strives to understand your unique situation and circumstances. At Inspire, our clients are not just account numbers, but real people with individual life stories and needs.

  • Unlike other banks, Inspire Trust is exclusively focused on individuals receiving funds related to personal injury litigation.

    We are the only nationally chartered bank with this focus. We hire professionals who have a deep understanding of the types of accounts which are funded by personal injury actions, and knowledge of the types of benefits and services available to someone who has recently gone through a challenging life situation.

    We select your investment objective to meet your specific needs, and have developed our systems, processes, and procedures to give you the best client experience while administering your account in accordance with its terms and fiduciary principles.

  • At Inspire Trust, our experienced investment professionals develop an investment plan for you that reflects your current and future needs. We strive to understand your situation and answer any questions you have. Inspire Trust maintains six collective investment funds, referred to as Common Trust Funds (CTF), in which it invests clients’ assets in equities, bonds, alternatives, and real assets. More information about the Inspire Trust Common Trust Funds is available on the Investment Services tab of our website.

  • After receiving the proceeds of litigation, many clients desire to purchase a home. We understand the stability and permanence a home can provide, and our professionals have extensive experience in assisting with the home buying process including the following:

    — Connecting with specialized vendors who can assist with home modifications and improvements

    — Pre-acceptance review of real estate assets

    — Payment of real estate taxes

    — Securing and paying property insurance

    — Obtaining and reviewing annual inspection reports and periodic valuations

  • In order to protect its clients and uphold its fiduciary duty, Inspire Trust maintains insurance as required by law and regulation.

  • Inspire Trust Company, N.A. is a nationally chartered bank that is regulated by the Office of the Comptroller of Currency which is an independent bureau of the U.S. Department of the Treasury. The OCC charters, regulates, and supervises all national banks, federal savings associations, and federal branches and agencies of foreign banks.

  • At Inspire Trust, we employ a multi-layered approach to security. Among the systems we use to protect information are firewalls, malware identification programs, fraud detection systems, data loss prevention infrastructure, email filtering, virus controls and system redundancies, including network segmentation.

  • FDIC insurance covers deposit accounts such as checking or savings accounts. Since Inspire only offers trust accounts, FDIC insurance is not applicable.