As we approach the 2025 Estate Tax Sunset, it’s crucial for financial advisors to proactively adjust their clients’ estate tax planning strategies. The impending changes
For financial advisors, estate planning attorneys, and life insurance agents, the management of Irrevocable Life Insurance Trusts (ILITs) is a challenging yet crucial part of
The IRS’s three-year look-back policy, commonly known as the three-year rule, poses a significant challenge for those looking to transfer existing life insurance policies to
In the world of estate planning, staying ahead of legislative changes is crucial, especially in anticipation of the upcoming 2025 estate tax exemption sunset. Financial
Estate planning is one of the most important aspects of managing your client’s financial legacy and ensuring that their loved ones are well taken care
Life insurance policies have become increasingly complex, especially for insureds who live beyond policy maturity. Historically an unseen risk, due to enhancements in medical care
Managing trust-owned life insurance policies is a complex task. Trustees often lack the time and resources to gain a deep understanding of life insurance. While
In the world of estate planning, the use of trusts has become increasingly popular with individuals and families looking for ways to protect and transfer
Irrevocable Life Insurance Trusts, or ILITs, offer financial advisors a versatile financial instrument designed to protect clients’ assets and provide for beneficiaries in a tax-efficient
The current estate tax exemption is up for review by the end of 2025, and it may revert to a lower amount. The Federal estate
As a TOLI trustee, Life Settlements are an option that you need to be aware of and familiar with. According to a 2018 study by
Serving as trustee for life insurance trusts comes with significant fiduciary duties, and one of the most important is preventing a policy lapse. Trustees often
Estate planning can be stressful and overwhelming so it is important to provide your clients with the most effective tools to achieve their goals. The
The Equity Index Universal Life (EIUL) policy is a popular permanent life insurance product and is often seen as the star of the life insurance
Currently in the trust-owned life insurance (TOLI) world, we have sailed into a perfect storm of issues that make outsourcing your TOLI trusts more compelling
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we’re hosing a Q&A with the business valuations experts at itm
Privately held businesses form the backbone of many families’ wealth and legacy, often representing significant personal, financial, and emotional value. When these businesses are held within trusts, accurately determining their worth becomes crucial audit, tax, financial, and legal reasons.
In this webinar, we’re talking with valuations experts from ITM to get a better understanding of when and why a trustee should seek out a privately held business valuation.
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