What is an Irrevocable Life Insurance Trust | Arizona
An irrevocable life insurance trust is a trust that if properly setup and maintained, will exclude the death benefit from your taxable estate, and maybe used to establish trusts for your loved ones where the assets of your trust are protected from your loved one’s creditors and there own spend thrift habits. There are many features to a life insurance trust that can add flexibility to your ability to control the assets and remain within IRS guidelines. I’m Mark Bregman. Contact me at (480) 945-9131 to find out more about creating a life insurance trust for you that will stand the test of time.