Irrevocable Life Insurance Trust

“An irrevocable life insurance trust (ILIT) is a trust that owns life insurance policies, removing the proceeds from the grantor’s estate to reduce taxes and protect assets.”

A trust allows you to control how your assets are distributed, even after your passing. Common types include revocable trusts, irrevocable trusts, and special needs trusts.

Using a trust can help avoid probate, protect beneficiaries, and ensure your estate is managed according to your wishes. An experienced attorney can guide you through establishing the right trust for your situation.

Schedule a consultation to create an irrevocable life insurance trust to protect policy proceeds for your beneficiaries.

Book a Free Private Consultation