Trusts have long played an essential role in estate planning for many individuals and families. The assets held in trust can vary from real estate to stocks, bonds, insurance policies, jewelry, and other collectibles. This deep-dive will focus on trust held life insurance policies, which can be considered a special asset class. For some, trust [...]
Updated 11/26/19 Originally posted 10/1/18 After over a decade in the TOLI (trust-owned life insurance) business, we are aware of trends that come and go. One trend we are seeing more and more lately is the use of directed TOLI trusts. Directed trusts divide the responsibilities of the trust into two distinct tasks – administration [...]
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 policies are valued at tens of millions of dollars. So why is it that these policies are often treated with less [...]
The single largest personal investment for couples between thirty and sixty years of age is often their personal home. The mortgage payment on a $400,000 home is $2,416 a month, the national property tax rate average is 1.19%, and the average homeowner insurance cost is $2,300. When you look at the total investment over the span of [...]
