Introducing The First Trust Company
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.

Our Advantage

Life Insurance Trust Company has the tools, resources, and team to help you navigate the complexities of life insurance trusts and life insurance policies.

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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.

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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.

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Recent Blog Posts

The Self Evaluation for ILIT Trustees

As a trustee, are you able to answer “yes” to the following questions? Are all the policies under your care financially sound? Are you able to assure the grantor(s) that his/her estate and financial [...]