Include Trusts in the Family Portfolio Value
allow the family trusts and other entities with AUM to be linked so that it shows under family portfolio value. Instead of 'other dependent' include 'trust' or 'associated entity'
kelly
shared this idea
The suggestion may be planned, but there is no timeline on this feature being added. This suggestion is remaining open and can continue to gather votes and comments!
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Stewart
commented
This is definitely a flaw. We created a separate Trust contact and related the Trust to the original contact in two ways: 1.) through the membership feature 2.) creating the Trust under the contact "relationships" feature. This is still inadequate because it does not relay this info with the Laser App integration. Also, most "trust" assets should be householded under the original contact's asset profile.
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Suzanne Rodriguez
commented
I would like to see nieces and nephews under that as well. Some people DO open accounts for other family members, so it would be nice to have them linked as such since they are probably not dependents.
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Biltmore
commented
Also, would be nice to see PSP's, DBP, LLC's or other business accounts associated to the Family Head.
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Bridget
commented
You must be referencing a Trust with a TAX ID versus SSN. I have been advised by Redtail Tech Support to add this as "Other Dependent" so it does appear in Family Portfolio.