Serving as trustee of an Irrevocable Life Insurance Trust (ILIT) comes with strict fiduciary duties. Chief among them is the obligation to act solely in the best interests of the trust’s beneficiaries. When trustees engage in self-dealing—directly or indirectly benefiting...
The financial markets in 2025 continue to experience turbulence, with factors like shifting interest rates, inflationary pressures, and geopolitical uncertainty all contributing to volatility. For most investors, market swings are concerning. But for trustees managing Irrevocable Life Insurance Trusts (ILITs),...
Many Irrevocable Life Insurance Trusts (ILITs) hold term life insurance policies — often because they are an affordable way to secure coverage during a set period. But while term coverage can serve a purpose, it doesn’t last forever. At some...
Serving as trustee of an Irrevocable Life Insurance Trust (ILIT) comes with strict fiduciary duties. Chief among them is the obligation to act solely in...
The financial markets in 2025 continue to experience turbulence, with factors like shifting interest rates, inflationary pressures, and geopolitical uncertainty all contributing to volatility. For...
Many Irrevocable Life Insurance Trusts (ILITs) hold term life insurance policies — often because they are an affordable way to secure coverage during a set...
Life Insurance Trust Company (LITCO) is proud to announce the appointment of Jon Olson as its new President. With more than two decades of experience...
Trustees of Irrevocable Life Insurance Trusts (ILITs) are charged with managing life insurance policies in a fiduciary capacity. If left unmonitored, an underperforming policy can...
As a financial advisor or estate planning attorney, you’ve likely encountered clients who have named a family member or friend as trustee of their Irrevocable...
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Serving as trustee of an Irrevocable Life Insurance Trust (ILIT) comes with strict fiduciary duties. Chief among them is the obligation to act solely in the best interests of the trust’s beneficiaries. When trustees engage in self-dealing—directly or indirectly benefiting...
The financial markets in 2025 continue to experience turbulence, with factors like shifting interest rates, inflationary pressures, and geopolitical uncertainty all contributing to volatility. For...
Many Irrevocable Life Insurance Trusts (ILITs) hold term life insurance policies — often because they are an affordable way to secure coverage during a set...
The landscape of trust and estate planning is shifting rapidly, influenced by economic changes, technological advancements, and evolving client priorities. Insights from Bank of America’s...
For financial advisors and estate planning attorneys managing Irrevocable Life Insurance Trusts (ILITs), handling trust-held life insurance policies can quickly become a complex and time-consuming...
Privately held businesses form the backbone of many families’ wealth and legacy, often representing significant personal, financial, and emotional value. In the United States alone,...
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 of an Irrevocable Life Insurance Trust (ILIT) comes with strict fiduciary duties. Chief among them is the obligation to act solely in...
The financial markets in 2025 continue to experience turbulence, with factors like shifting interest rates, inflationary pressures, and geopolitical uncertainty all contributing to volatility. For...
Many Irrevocable Life Insurance Trusts (ILITs) hold term life insurance policies — often because they are an affordable way to secure coverage during a set...
Trustees of Irrevocable Life Insurance Trusts (ILITs) are charged with managing life insurance policies in a fiduciary capacity. If left unmonitored, an underperforming policy can...
As a financial advisor or estate planning attorney, you’ve likely encountered clients who have named a family member or friend as trustee of their Irrevocable...
The landscape of trust and estate planning is shifting rapidly, influenced by economic changes, technological advancements, and evolving client priorities. Insights from Bank of America’s...
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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