Irrevocable Life Insurance Trust

ILIT – IRREVOCABLE LIFE INSURANCE TRUSTS TOP 10 PROS & CONS

An irrevocable life insurance trust (ILIT) is a trust established to own a life insurance policy on the life of the insured. Normally, the trust is also beneficiary of the policy. Properly drawn, these irrevocable trusts provide several benefits. ILIT Pros and Cons An ILIT may still be a necessary estate planning vehicle for some. […] Read more

Irrevocable Life Insurance Trusts [Obsolete or Essential Estate Planning]

Irrevocable life insurance trusts (ILIT) have been a sought after estate planning strategy. Some may say that this approach be rendered obsolete if the federal estate tax is repealed. Or, is this still an important strategy to consider regardless of looming changes? What is an Irrevocable Life Insurance Trust? Irrevocable life insurance trusts are a type of irrevocable trust. as […] Read more

I&E was created by a group of estate planning legal professionals and life insurance agents who, after spending years working for various groups, including larger nationwide insurance brokerages, realized that people really do appreciate being able to find affordable life insurance policies and other related products and strategies from the comfort of their very own home.

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