(MENAFN- EIN Presswire) EINPresswire/ -- Eastern Point Trust Company (EPTC), a leader in Qualified Settlement Fund administration and innovative trust solutions, has unveiled its newest product; the Conditional QSFTM. The Conditional QSFTM is a proprietary purpose-built fund structure designed to facilitate conditional payments in settlements, ensuring the efficient use of funds, while providing flexibility for all parties involved.

The Conditional QSFTM enables defendants to fund a Qualified Settlement Fund trust for specific future needs, such as medical monitoring, medical treatments, services, testing, rehabilitation, or remediation. The Conditional QSFTM differs from traditional QSFs as it includes provisions for returning excess funds to the defendant(s) at the trustee's discretion, once specified conditions or goals are satisfied. In doing so, the Conditional QSFTM promotes more rapid settlement and accountability, while minimizing waste and aligning incentives for the timely resolution of needs.

“EPTC continues to innovate in ways that solve actual problems for attorneys courts claimants and commercial partners. The Conditional QSFTM simplifies the complex and gives all parties the certainty they need in situations where precision truly matters” said Rachel McCrocklin, Chief Trust Officer at Eastern Point Trust Company.“As with every product we build education, independence, and outstanding service are at the center.”

Key features of the Conditional QSFTM:
. The ability to receive funds before a final settlement agreement is executed
. Protection of assets during mergers acquisitions or business sales
. Support for settlements requiring guardian ad litem review court approval or extended negotiation
. Efficient administration by the industry leader in QSF and Plaintiff Recovery Trust services
. Seamless transition from conditional status to full settlement readiness when conditions are met

The introduction of the Conditional QSFTM reinforces EPTC's role as the trusted partner for attorneys, law firms, courts, and institutions seeking clarity efficiency and compliance. It also supports EPTC's mission to simplify the complex, provide bespoke fiduciary solutions, and elevate professional standards throughout the settlement ecosystem.

For more information on the Conditional QSFTM or to access EPTC's free educational library please visit Eastern Point Trust Company's website ( ) or contact the trust administration team directly, per the contact information below.

About Eastern Point Trust Company
Eastern Point Trust Company is the national leader in settlement fund administration and fiduciary services. As a pure play independent trustee EPTC delivers innovative solutions including Qualified Settlement Funds, Plaintiff Recovery Trusts, and a full range of complex trust structures with uncompromising service and expertise.

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