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
The Many Reasons to Hire a Corporate Trust Owned Life Insurance (TOLI) Trustee
Life insurance is an important investment. Trust-owned life insurance policies are inherently significant sums of money and therefore it's vital that they're managed appropriately. Policies of a million dollars or more are common: many [...]
Life Insurance Based Dynasty Trusts Provide Much More Than Just Tax Advantages
Life insurance trusts today have lost some of their allure with the raising of the federal estate tax exemption amount. However, a specific type of life insurance trust can have much more than just [...]
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 [...]