08/28/2026
An Irrevocable Life Insurance Trust (ILIT) is used to hold a life insurance policy outside of a person’s taxable estate. By placing the policy in the trust, the death benefit can often pass to beneficiaries free from estate taxes while still providing financial support and liquidity when it is needed most. ILITs are commonly used in estate planning to help families preserve wealth and cover estate settlement costs.
Give us a call to speak with one of our professionals about how an Irrevocable Life Insurance Trust can help your family.
(817) 775-9190