• 6. Irrevocable Life Insurance Trust (ILIT) Fundamentals & Benefits: Janet Tempel, Sr. Trust Officer

  • Mar 31 2021
  • Duración: 29 m
  • Podcast

6. Irrevocable Life Insurance Trust (ILIT) Fundamentals & Benefits: Janet Tempel, Sr. Trust Officer Por arte de portada

6. Irrevocable Life Insurance Trust (ILIT) Fundamentals & Benefits: Janet Tempel, Sr. Trust Officer

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  • Resumen

  • This episode focuses on the fundamentals of Irrevocable Life Insurance Trusts (ILITs). We spoke with trust expert, Janet Tempel, Senior Trust Officer at Peak Trust Company to cover:

    • What is an Irrevocable Life Insurance Trust?
    • What are the benefits of using an ILIT? 
    • How should the attorney/trustee work together to set expectations with clients about the process of setting up an ILIT?
    • How do tax returns for an ILIT work?
    • And much more... 
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