Individual ILIT’s are a poor choice in most cases
If you have counsel draft an ILIT make sure that if you wish to use it for a joint or survivorship policy in the future that the ILIT is amendable. Or better yet do not draft an ILIT for an individual life policy if at all possible…
Joint life is ALWAYS more efficient
Thursday February 18th, 2010 in , ILIT | 184 Comments »
Loading ...