For individuals with large estates and sizable life insurance policies, an irrevocable life insurance trust (ILIT) can provide considerable benefit.
In this video, Daniel Hunt (Certified Specialist in Estate Planning, Trust & Probate Law) gives an overview of what an ILIT is and how it works.
Check out our blog post on this topic: https://www.dhtrustlaw.com/irrevocable-life-insurance-trust/
If you or someone you know has questions about this topic, our office is here to help. Learn more at dhtrustlaw.com.
This video is solely for the purpose of education and should not be construed in any way to represent an attorney-client relationship between the Law Offices of Daniel A. Hunt and the viewer.