A life insurance trust is an irrevocable, non-amendable trust which is both the
owner and beneficiary of one or more life insurance ... Funded insurance trusts
are not commonly used for two reasons:...
1. What does a life insurance trust do? An irrevocable life insurance trust ... With
the exemption at $5 million, you may not need the estate tax savings right now.
The jointly administered cases are listed in footnote one of the Second Amended
Complaint (Doc. ... 1, the J. Robert Ward Irrevocable Life Insurance Trust No.
Mar 15, 2016 ... It may not help you cheat death, but it may help manage taxes. ... One of the main
reasons people set up an ILIT is to help provide their heirs .... is a solid company
and not likely to go out of business,” says Robert H. Brown, ...