Financial advisors in
Cleveland, OH

An ILIT is an irrevocable trust created specifically for the purpose of being the owner, beneficiary, and payor of a life insurance policy.

A growing percentage of GHNW individuals own businesses, property, and investments in North America and seek U.S.-based life insurance to solve many of the hurdles they may bring.

There are many ways to fund premiums for life insurance policies owned by an Irrevocable Life Insurance Trust.

Although only 0.07% of U.S. taxpayers will pay any estate tax, those subject to paying the tax face challenges around how to best fund the looming obligations for liquidity.

Shareholder agreements, life insurance trust, difficult justification of death benefits