ASSET PROTECTION LAWYER IKE DEVJI
11th year of Asset Protection only legal practice, helps protect a national client base of over 3,500 clients and over $5 billion in protected assets. Clients include literally thousands of physicians, various business owners, real estate professionals, builders & developers, C-level executives and professional athletes and entertainers.
We’ve previously devoted a number of discussions to the use of life insurance by physicians and business owners including a look at how to buy insurance and discussions of its specific uses and how much life insurance a doctor and his or her spouse should have. This week we take an introductory look at a legal structure that often accompanies life insurance in your estate plan, the Irrevocable Life Insurance Trust or ILIT.
via What is an ILIT or Irrevocable Life Insurance Trust ? | Pro Asset Protection.