An ILIT is an irrevocable life insurance trust. Irrevocable means can’t be revoked, can’t be changed once you set it up. The most common reason for setting up this trust is to create a separate entity that owns the life insurance.
discussion.lifeinsure.com/?p=83
Showing posts with label an. Show all posts
Showing posts with label an. Show all posts
Wednesday, November 19, 2008
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