As your financial situation evolves, we’ll be here with solutions designed to fortify the financial health and stability of your family.

Van Buren

Schuett

Pilson

Mullenax

Mitchell

Irrevocable Life Insurance Trusts: Administration Checklist

An Irrevocable Life Insurance Trust (“ILIT”) is a trust that can be used to minimize estate taxes by moving the proceeds of life insurance policies outside of your taxable estate. This article provides a general overview of ILIT funding and administration requirements.

Harper

Goddard

Cothran

Painter