Irrevocable Life Insurance Trust (ILIT)
Tuesday, January 6th, 2009One of the main reasons we buy life insurance is so that when we die, our loved ones will have enough money to pay off our remaining debts and final expenses. We also purchase life insurance to provide for our loved ones’ future living expenses, at least for a while. That’s why it may seem [...]
Irrevocable Life Insurance Trust (ILIT)
Friday, January 2nd, 2009One of the main reasons we buy life insurance is so that when we die, our loved ones will have enough money to pay off our remaining debts and final expenses. We also purchase life insurance to provide for our loved ones’ future living expenses, at least for a while. That’s why it may seem [...]