Introducing The First Trust Company
Focused On Life Insurance Trusts
Focused On Life Insurance Trusts
Life Insurance Trust Company is the first trust company in the country focused exclusively on life insurance trusts and provides fiduciary services to grantors and beneficiaries of irrevocable life insurance trusts that go beyond typical corporate trustee services. We are a member of the ITM TwentyFirst family of companies, which have been providing independent life insurance services for trust owned life insurance since 2002. Life Insurance Trust Company is located in Sioux Falls, South Dakota so our clients can benefit from South Dakotas progressive trust laws.
Providing professional fiduciary services for irrevocable life insurance trusts is Life Insurance Trust Company’s sole business. We have a team of experienced professionals well versed in fiduciary trust and life insurance services giving us an advantage in managing these unique assets. We build strong relationships with our clients to understand and meet their insurance trust needs.
Life Insurance Trust Company has the tools, resources, and team to help you navigate the complexities of life insurance trusts and life insurance policies.
Successor Trustee
Life insurance is a particularly complicated asset to manage unless you have the specialized systems, processes and procedures coupled with an experienced staff trained to manage the asset and administer the trust. For this reason, banks, trust companies, and advisors benefit from having Life Insurance Trust Company become their successor trustee for insurance trusts.
Managing Your ILIT
Life insurance Trust Company can help you navigate the complexities of an irrevocable life insurance trust, the assets contained in insurance trusts, and obligations to grantors and beneficiaries.
Recent Blog Posts
Survey Points Out Why Family Offices Are Looking to the Life Insurance Trust Company as a Partner for Their Clients’ Life Insurance Trusts
The family office space has grown dramatically in the last few years. Today, there are over 2,300 family offices that have a minimum of $50 million in assets, which is up 23% from just [...]
Insurance Trusts – Are Your Clients in Good Hands?
The single largest personal investment for couples between thirty and sixty years of age is often their personal home. The mortgage payment on a $400,000 home is $2,416 a month, the national property tax rate [...]
Now Is a Good Time for TOLI Trustees to Talk to Their Clients
An online survey about life insurance found 33% of life insurance policy owners do not understand how their policy works. (1) The other 67% probably think they know how it does, but I imagine [...]