Irrevocable Life Insurance Trusts Explained | Illinois ILITs for Estate Tax Planning

In this article, we will explain Irrevocable Life Insurance Trusts (“ILITs”) for Illinois Estate Tax Planning. We will explain how to reduce estate tax with an ILIT, ILITs and gift tax, ILITs as leveraged gifts, Irrevocable Life Insurance Trusts and the three year rule, and Second to Die Insurance in the context of irrevocable trusts.

Read more detail on Recent Family Law posts –

Related news:

This entry was posted in Family Law and tagged , , , , , , , , . Bookmark the permalink.

Leave a Reply