You hold the fund. You hold the fiduciary risk, until every dollar is distributed.
Talli gives QSF trustees and fund administrators a compliant way to distribute settlement money — every dollar segregated by fund, every beneficiary paid the way they choose, and an audit trail the court can rely on, payment by payment.
Distribution isn't just the slow part of a QSF. It's where fiduciary and tax exposure compounds.
Every undistributed dollar, every returned check, every unlocatable payee keeps the fund open and keeps the trustee answerable to the court for it.
01
Funds outside a segregated account put the QSF at risk
A 468B fund relies on money staying segregated and under court jurisdiction. Pushing distributions through general-purpose payment tools blurs that line and threatens both fund status and your standing as trustee.
02
The tax and reporting burden lands on you
The QSF is its own taxpayer, and the administrator carries withholding, 1099 issuance, and court accounting obligations - stitched together across processors, custodians, and spreadsheets that were never built to reconcile.
03
Low redemption leaves the fund stranded
Hand-cut checks and returned mail mean beneficiaries go unpaid. Residual funds accumulate, the reasonable efforts standard goes undocumented, and a clean distribution turns into a cy pres or escheatment problem you have to defend.
04
When the court asks, the trail has to be there
Records scattered across check stubs and ledgers aren't accounting. A fiduciary distribution has to be provable, payment by payment, years after the fund has closed.
How Talli Solves It
One safeguarded funding source per fund. Every beneficiary paid their way. A complete, court-ready record behind every dollar that leaves the QSF.
Payment optionality & digital delivery
Beneficiaries choose how they're paid — ACH, prepaid card, gift card, Venmo, or PayPal, with checks for those who need them. Digital delivery lifts redemption and shrinks the residual pool the trustee has to keep the fund open to manage.
KYC & identity verification
Every payee verified before funds release — protecting the fund and the trustee at the highest risk moment of any settlement: the payout.
Real-time payment visibility
Beneficiaries track their own payment; your team sees the full distribution live. Fewer inbound queries, and the trustee always knows the fund's exact position.
Consolidated exception management
Failed deliveries and unresponsive payees sit in one queue with documented outreach — so reasonable efforts are provable, residual funds follow the proper path, and nothing falls through the cracks.
Compliance & regulatory reporting
1099 generation, payment level audit trails, and distribution accountings as standard output — ready for the court, your accountant, or the fund's counsel, not a manual exercise at year end.
Why Talli
Built for the fiduciary reality of administering a QSF.
Beneficiaries paid in days, not weeks
Once the distribution plan is approved, paying the fund is hours of work — not weeks of check runs.
Your fund, defensible
Every disbursement and every reasonable effort documented before anyone asks — so the trustee can answer any court question with confidence.
Scale any fund without headcount
A 10,000 beneficiary distribution takes the same team as a 100 payee one.
A clean path to closing the fund
Higher redemption and systematic exception handling mean less residual, less unclaimed exposure, and a fund that can actually close.
Case Study
How AB Data reduced their unclaimed funds liability with Talli.
“ Talli gave us the regulated payout rails we needed to move faster, reduce unclaimed funds, and give courts full confidence in how settlement money is being distributed."
Thomas R Glenn, President & CEO, AB Data
Key Results
34%
Increase in take-up across check-issued populations
60%
Reduction in unresolved exceptions and manual reissuance
100%
Fiduciary compliance record maintained across all distribution cycles and reviews.
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