Banks | Trust Companies

Until now there was no good solution for offloading unwanted ILITs.

Now there is Life Insurance Trust Company.

Trustees are Questioning ILITS

Today, as a life insurance trustee, you may be questioning your decision to serve as trustee for this unique asset. Life insurance trusts represent a very small portion of revenue and carry significant potential liability.

  • Banks with stand-alone irrevocable life insurance trusts (ILITs) are looking for a new home for their ILITs.

  • Accounting and law firms realize that life insurance represents a specialized asset that needs expert care.

  • Trust companies and family offices understand that they do not have the requisite skills to provide the same level of care to this asset that they can to other assets.

  • Whether it be a friend or relative, many individuals serving as trustee may not know how to manage this type of asset effectively.

We Serve As Successor Trustee To:

  • Banks & Trust Companies

  • Registered Investment Advisors (RIAs)

  • Certified Public Accountants (CPAs)

  • Attorneys

  • Investment Advisors

  • Family Offices

  • Insurance Agents

  • Individual Trustees

Get Started with Us

Looking for help? Get in touch with us