An ILIT can be a powerful tool in estate planning for high net worth client. What advisors must know about it.

Richard Rosen is a financial planner and an expert in writing about financial planning topics. He has 20+ years of experience as a CFP®. Hans Daniel Jasperson has over a decade of experience in public ...

ILIT Software from InKnowVision/Wealth Planning Professionals performs cost/benefit analyses for irrevocable life insurance trusts (ILITs) in Excel. The software includes the basic analysis of the ...

A group of trust officers at a mid-sized trust company has assembled in a conference room. Each member of the group has responsibility for an extensive portfolio of trusts, many of which are ...

The One Big Beautiful Bill Act didn’t just change tax law — it changed family dynamics in estate planning. With fewer estates expected to face the federal tax, irrevocable life insurance trusts are ...

An ILIT can present many advantages to individuals who possess significant amounts of life insurance. One of the primary benefits is that the ILIT strategy can help reduce estate tax liability, as ...

A Loan Regime Split Dollar arrangement is an innovative strategy designed to address multiple wealth planning objectives, including retirement, estate, and asset protection planning. If properly ...