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The Benefits of an Irrevocable Life Insurance Trust (ILIT) - podcast episode cover

The Benefits of an Irrevocable Life Insurance Trust (ILIT)

Life Insurance HQ The Podcast

Apr 04, 2022•22 min•Ep 13•Transcript available on Metacast

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Episode description

The purpose of an irrevocable life insurance trust or ILIT is to prevent life insurance death benefits from being subject to estate taxes.

Life insurance owned by an irrevocable life insurance trust (ILIT) can be the easiest and most efficient way to pay estate taxes.

Learn more at mericleco.com.

The Benefits of an Irrevocable Life Insurance Trust (ILIT) | Life Insurance HQ The Podcast - Listen or read transcript on Metacast