I’m proud to pay taxes in the United States; the only thing is, I could be just as proud for half the money.
Entertainer Arthur Godfrey 1
The irrevocable life insurance trust (ILIT) can be an important estate strategy tool that may accomplish a number of estate objectives, though it may not be appropriate for every individual. 2,3 What Is an ILIT?
An ILIT is created by an individual (the grantor) during his or […]