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Warrenton, VA, Aug.  06, 2026  (GLOBE NEWSWIRE) -- Eastern Point Trust Company (EPTC), the administrator of the Plaintiff Recovery Trust (PRT), announced today that Alexis Talia was appointed Director of the Plaintiff Recovery Trust by Forward Giving, Inc. (the co-creator and trustee of the PRT). Ms. Talia will serve as the new point of contact for all PRTs and will immediately replace prior PRT points of contact.

As Director, Alexis leads strategy, operations, and client services for the PRT, a tax planning solution intended to help plaintiffs evaluate potential tax planning strategies related to their recovery. She works directly with plaintiffs, their legal counsel, and the settlement planners who use the PRT and educates the litigation community on the PRT.  She also directs PRT administration.

Alexis holds a degree in accounting and is a Certified Public Accountant. She spent more than a decade in management consulting before joining the PRT, driving financial transformation initiatives for Fortune 100 organizations.

“Alexis gives plaintiffs, counsel, and the settlement community a single, highly sophisticated and experienced dedicated point of contact for the Plaintiff Recovery Trust,” said Lawrence Eisenberg, co-creator of the PRT and executive director of Forward Giving, Inc. “Because Alexis is independent and not a settlement planner, she can support every settlement planner who works with plaintiffs who use a PRT, without competition, conflict, or overlap. She can be relied on as a neutral, dedicated resource, there to strengthen their work in the best interests of the plaintiff. She has more than a decade of Fortune 100 management consulting and financial transformation experience, which, together with her CPA background, provides the independence and sophistication this work requires.”

“Alexis’s appointment is the first step in a multi-phase effort to optimize the PRT’s process flow, responsiveness, and expertise,” Eisenberg added. “Additional PRT enhancements will follow, including a sophisticated PRT illustration platform that allows settlement planners to produce personalized analysis quickly and efficiently, allowing them to illustrate potential plaintiff benefits.”

Ms. Talia can be reached at alexistalia@prt.tax.

About the Plaintiff Recovery Trust (PRT)

The Plaintiff Recovery Trust is a tax planning solution intended to help plaintiffs evaluate potential tax planning strategies related to their recovery. Eastern Point Trust Company administers the PRT, and Forward Giving, Inc. serves as trustee.

Media Contact

Rachel McCrocklin

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WARRENTON, VA, UNITED STATES, November 19, 2025 /EINPresswire.com/ -- Eastern Point Trust Company (EPTC), a leader in Qualified Settlement Fund administration and innovative trust solutions, has unveiled its newest product; the Conditional QSF™. The Conditional QSF™ 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 QSF™ 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 QSF™ 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 QSF™ 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 QSF™ 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 QSF™:

• 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 QSF™ 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 QSF™ or to access EPTC’s free educational library please visit Eastern Point Trust Company’s website (www.easternpointtrust.com) 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.

Rachel McCrocklin
Eastern Point Trust Company
+1 855-222-7513
email us here
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WARRENTON, VA, UNITED STATES, November 10, 2025 /EINPresswire.com/ -- Eastern Point Trust Company (EPTC), a global leader in independent fiduciary services, proudly announces the launch of the Eastern Point Trust Assistant™ - a groundbreaking and industry-first conversational AI tool powered by OpenAI's ChatGPT. This first-of-its-kind solution equips attorneys, financial advisors, trust officers, and institutional partners with real-time, plain-language information on intricate aspects of trust administration, Qualified Settlement Fund (QSF) compliance, regulatory procedures, settlement structures, and tax implications.

The Assistant is accessible 24/7 via the ChatGPT GPT Store, allowing users to pose nuanced queries such as: "What are the IRS reporting requirements for QSF distributions in multi-jurisdictional settlements?" or "How do I structure a special needs trust to maximize Medicaid eligibility?" Responses are delivered in clear, actionable English, backed by citations to relevant statutes, case law, and Eastern Point's proprietary best practices - ensuring users receive
reliable insights without compromising confidentiality or regulatory standards.

“At Eastern Point Trust, innovation has always been our north star, guiding us to blend human wisdom with technological prowess,” said Joe Sharpe, President of EPTC. “The Eastern Point Trust Assistant™ democratizes access to our 20+ years of collective fiduciary expertise, empowering legal and financial professionals to navigate even the most labyrinthine settlement challenges with speed and precision. It's not just a tool—it's a trusted extension of our team, helping our partners deliver superior outcomes for plaintiffs and beneficiaries who rely on us.”

This launch represents a pivotal advancement in modernizing access to fiduciary intelligence, aligning with EPTC's mission to foster transparency and efficiency in the $10 billion+ U.S. settlement administration industry. Early beta testers, including prominent mass tort litigators and wealth management firms, have reported faster resolution times for compliance queries and heightened confidence in complex trust setups.

“Launching the Eastern Point Trust Assistant™ is more than a technological milestone - it's a commitment to evolving alongside our clients' needs in an increasingly regulated and fast-paced world,” added Milan Kmezic Chief Operating Officer of EPTC. “We've seen firsthand how AI can transform rote tasks into strategic opportunities, allowing advisors to focus on high-value counsel rather than paperwork. This Assistant isn't replacing conversations; it's sparking better ones, reducing errors, and ultimately strengthening the fiduciary ecosystem we all depend on.”

“While other QSF providers offer little more than a bank account, as a fiduciary leader, Eastern Point Trust continues to set the benchmark for ethical AI integration in trust services,” noted Rachel McCrocklin, CTO. “Every response from the Assistant is rigorously vetted against our compliance framework, ensuring it upholds the highest standards of accuracy, impartiality, and data security. We're excited to see it evolve into an indispensable ally for professionals tackling everything from asbestos litigation funds to environmental settlement trusts.”

Looking ahead, EPTC is committed to iterative enhancements, with a robust roadmap including:

• Guided case planning workflows: Step-by-step AI-assisted blueprints for QSF setup and trust funding.

• Interactive QSF benefit calculators: Customizable tools for projecting tax liabilities, distribution schedules, and long-term yield forecasts.

• Real-time compliance checklists: Dynamic, jurisdiction-specific audits with automated updates to reflect evolving IRS guidelines.

• AI-driven document analysis and red-flag detection: Upload and scan capabilities to identify inconsistencies in settlement agreements, trust instruments, or tax forms - flagging potential issues before they escalate.

Each new feature will uphold EPTC’s founding principle: simplify complexity, ensure compliance, and empower partners. The company plans quarterly updates based on user feedback, with beta access to premium features for select enterprise clients starting Q1 2026.

Experience the future of fiduciary support today.

Search “Eastern Point Trust” inside the ChatGPT GPT Store to start your conversation and unlock a free trial consultation with an Eastern Point expert.

About Eastern Point Trust Company

Eastern Point Trust Company is an internationally recognized independent fiduciary specializing in Qualified Settlement Funds (QSFs), special needs trusts, settlement management, and complex trust administration. With an unwavering commitment to transparency, compliance, and client success, Eastern Point Trust serves governments, law firms, plaintiffs, defendants, and institutional partners across the United States and the world. For more information, visit www.easternpointtrust.com

‍Rachel McCrocklin
Eastern Point Trust Company
+1 855-222-7513
email us here

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Explore the advantages of Qualified Settlement Funds (QSFs) in legal settlements with Eastern Point. Learn how QSFs under IRC Section 468B reduce liability for law firms, ease administrative burdens, and provide critical tax benefits for clients.

Key benefits include:

Risk Mitigation: Shield firms from liability and streamline complex distributions.

Tax Advantages: Defer taxes on proceeds until distribution, allowing valuable planning time.Discover how QSFs can enhance your legal practice and benefit your clients. For assistance in implementing a QSF, contact us today!

Discover the benefits of Single-Event Qualified Settlement Funds (QSFs) with Eastern Point Trust! Settling a legal dispute can be daunting, especially with tax implications and logistical challenges.

Consider Jane, a personal injury victim: instead of facing immediate tax liabilities, her funds are placed into an IRS-compliant Single-Event QSF, deferring taxes until distribution.

Since pioneering single-event QSFs in 2014, QSF 360 has set the standard with‍

• Experience: Benefits from expert administration.‍
• Interest Accrual: Funds grow while disputes are resolved.‍
• Efficiency: Establish a QSF in just one day, with streamlined processing for any case size!

Transform your settlement experience with QSF 360 today!

Join Rachel from Eastern Point as she discusses the ethical handling of settlement funds through Rule 1.15 and Qualified Settlement Funds (QSFs). Learn why QSFs may be a better choice than traditional IOLTA accounts for high-dollar settlements.Explore the key benefits of using a QSF, including improved timelines, enhanced client financial protection, and effective compliance with ethical standards.If you're managing a settlement soon, this video is a must-watch! For more information on Rule 1.15, visit the American Bar Association or IRS guidelines, and for QSF details, check easternpointtrust.com.Stay ethical, stay informed!

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Discover how the Plaintiff Recovery Trust (PRT) can be a game-changer for maximizing your settlement recovery! Following the Supreme Court's Banks v. Commissioner ruling, plaintiffs often face double taxation on settlements, leaving them with as little as nine cents on the dollar after taxes and attorney fees.

The PRT helps eliminate taxes on the attorney fee portion, potentially increasing net recoveries by up to 150%.

Contact a PRT expert today to learn how to make your settlements work smarter and secure your financial future!

Warrenton, VA, September 10, 2025 --(PR.com)-- Eastern Point Trust Company (EPTC), the nation’s leading independent provider of Qualified Settlement Funds (QSFs) and innovative trust-based fiduciary solutions, is pleased to announce the appointment of Milan Kmezic as its new Chief Operating Officer.

Mr. Kmezic is a seasoned strategic executive and technology leader with more than 25 years of experience driving innovation and digital transformation across government, commercial, and startup environments. His career has spanned three continents—North America, Europe, and Asia—providing him with a unique global perspective on strategy and operations.

Known for his expertise in transformation leadership, Mr. Kmezic combines deep technical knowledge with a passion for developing talent and building high-performing, inclusive teams. Most recently, he served as Portfolio Director for Beneficiary Services at Leidos, where he provided strategic leadership and operational oversight for mission-critical federal programs and managed a $200 million portfolio. Prior to that, as Chief Technology Officer at ACG, he served as a strategic advisor to the CEO, guiding enterprise-wide technology direction and organizational change.

Mr. Kmezic’s international leadership experience includes his tenure as Managing Director for DMI in Cambodia, where he oversaw all aspects of regional operations, including strategy, P&L management, and customer success. He directed a team of more than 100 professionals across multiple departments, driving market growth through more than 20 enterprise projects. Earlier in his career, at Golden Gekko and Sony-Ericsson, he played a pivotal role in scaling delivery operations, establishing company-wide processes such as OKRs and career ladders, and mentoring engineers globally.

“We are thrilled to welcome Milan to our leadership team,” said Mr. Armand, CEO of Eastern Point Trust Company. “His extensive experience in strategic planning, operational excellence, and transformation leadership will be a tremendous asset as we continue to grow and enhance our services for clients.”

Mr. Kmezic has completed executive education programs in High Impact Leadership at UC Berkeley, Disruptive Strategy at Harvard Business School, and Digital Strategies for Business at Columbia Business School. He is currently completing a Master of Business Administration at Edinburgh Business School.

With Mr. Kmezic’s appointment, Eastern Point Trust Company continues to strengthen its executive leadership team as it advances its mission to deliver innovative fiduciary solutions and industry-leading client service.

Contact

Eastern Point Trust Company
Rachel McCrocklin
540-428-2944
www.easternpointtrust.com