An Irrevocable Life Insurance Trust, often abbreviated as ILIT, is a strategic estate planning tool used to hold life insurance policies outside of an individual’s taxable estate. In Florence-Graham and throughout Los Angeles County, residents turn to tailored ILIT planning to protect the proceeds of life insurance from estate tax exposure and to ensure liquidity for heirs and beneficiaries. This introductory overview explains how an ILIT functions, who can benefit from one, and the practical role such a trust plays in preserving the financial legacy you intend to leave to family members and other beneficiaries.
Creating an ILIT involves transferring a life insurance policy into a trust vehicle that cannot be modified or revoked by the grantor once established. This structure separates ownership of the policy from your personal estate, enabling your heirs to receive insurance proceeds with less administrative friction. Beyond tax considerations, an ILIT can be used to protect proceeds from creditor claims, provide structured distributions to beneficiaries, and coordinate with other estate planning documents such as wills, pour-over wills, and trust certificates. Careful drafting and administration are important to avoid unintended consequences under state and federal rules.
An ILIT offers several practical benefits for individuals concerned about estate taxes, liquidity, and the orderly transition of wealth. By placing a policy into an irrevocable trust, the proceeds are typically excluded from the taxable estate, which can reduce or eliminate estate tax exposure for larger estates. Additionally, an ILIT can provide immediate cash for beneficiaries to cover expenses such as estate administration, debts, or income taxes. Trustees can also be given instructions for staggered or conditional distributions, helping to manage how funds are used over time. For many families, these features provide clarity, protection, and long-term financial stability.
The Law Offices of Robert P. Bergman assists California clients with an array of estate planning services, including the design and implementation of Irrevocable Life Insurance Trusts. Our approach centers on understanding each client’s financial situation, family dynamics, and estate planning goals to craft trusting instruments that coordinate seamlessly with wills, powers of attorney, and health care directives. We prioritize clear communication, careful document drafting, and practical guidance for trustees and beneficiaries to ensure the ILIT functions as intended across life events and regulatory changes.
An ILIT removes ownership of a life insurance policy from an individual’s estate by assigning the policy to a trust that the grantor cannot revoke. Once the trust owns the policy, the trustee manages premium payments, policy loans, and benefit distributions according to the trust document. The trust becomes the beneficiary of the policy proceeds, and those proceeds are distributed in line with the trust’s terms. This separation of ownership and control helps achieve estate planning objectives such as tax efficiency, creditor protection for proceeds, and specific distribution instructions for beneficiaries, all of which require precise drafting and consistent administration.
Setting up an ILIT requires attention to technical rules, including the timing of transfers, payment of premiums, and ensuring gifts to the trust qualify for the annual gift tax exclusion when appropriate. Trustees must be comfortable managing policy-related tasks and maintaining records that demonstrate the trust’s independence from the grantor. Coordination with other estate planning documents is essential to prevent conflicts and to preserve the intended tax and distribution outcomes. In many cases, revisiting related planning documents helps ensure the ILIT integrates with your broader plan for asset management and legacy planning.
An Irrevocable Life Insurance Trust is a legal entity created to own a life insurance policy where the creator relinquishes the ability to change or reclaim the trust once it is established. The trust holds the policy, pays premiums as directed, and ultimately receives the death benefit on behalf of named beneficiaries. Because the policy is no longer owned by the person whose life is insured, the proceeds typically are not included in that person’s taxable estate, subject to compliance with relevant tax rules. The trust document governs how proceeds are distributed and can include provisions for management, beneficiary protections, and distribution timing.
Important elements of an ILIT include the trust document itself, designation of a trustee, a mechanism for premium funding, and clear beneficiary directives. The process begins with drafting the trust agreement and transferring ownership of an existing policy or causing the trust to acquire a new policy. Funding arrangements often use annual exclusion gifts to the trust or other methods to ensure premium payments do not create adverse tax consequences. After formation, the trustee must administer the policy according to the trust’s terms, maintain records, and coordinate distributions upon the insured’s passing.
Understanding common terms helps make ILIT planning more approachable. Definitions clarify how the trust operates, the roles of trustees and beneficiaries, and various tax concepts that can affect the trust’s outcomes. Reviewing a short glossary before you proceed can reduce confusion and support better decision-making when choosing funding strategies, trustees, and distribution provisions. A clear grasp of these terms aids communication with advisors and ensures your ILIT is implemented in a way that aligns with your goals and California law.
The grantor, or trust creator, is the individual who establishes the ILIT and transfers the life insurance policy into the trust. Once the trust is irrevocable, the grantor gives up certain ownership rights and control over the policy and trust assets. The grantor’s intentions and instructions are reflected in the trust document, including who will receive benefits and how distributions will be made. The grantor may also name trusted individuals to serve as trustee and successor trustee to ensure proper administration over time.
Premium funding refers to the arrangements used to pay the insurance premiums after the policy is in the trust. Common methods include annual gifts to the trust that the trustee uses to pay premiums or using other trust assets to cover costs. Properly structured funding is essential to prevent unintended tax consequences and to maintain the trust’s independence from the grantor. Clear documentation of gift transfers and trustee actions helps preserve the intended benefits of the ILIT under both estate and gift tax rules.
The trustee is the individual or institution responsible for managing the ILIT on behalf of the beneficiaries. Duties include paying premiums, maintaining records, handling policy transactions, and distributing proceeds pursuant to the trust terms. The trustee must act in accordance with the trust document and fiduciary obligations governed by state law. Selecting a trustee who understands the administrative, financial, and legal responsibilities is important to ensure the policy is handled properly and distributions align with the grantor’s intent.
Death benefit distribution describes how the proceeds from a life insurance policy held by the ILIT are paid out to beneficiaries when the insured person dies. The trust document sets the distribution rules, which can include lump-sum payments, staggered distributions over time, or specific conditions for release. The structure chosen can provide creditor protection, preserve benefits for vulnerable beneficiaries, or allocate funds for particular uses such as education or healthcare costs. Clear drafting and trustee guidance ensure that distributions occur smoothly after the policy payout.
When evaluating ILITs alongside wills, revocable living trusts, and beneficiary designations, it is important to consider tax, control, and liquidity implications. A revocable trust offers flexibility but does not remove the policy from the taxable estate. A will provides directions for assets that pass through probate and may not address immediate liquidity needs. Beneficiary designations are simple but can leave assets vulnerable to creditors or unintended recipients. An ILIT carefully complements other documents by targeting insurance proceeds for specific purposes and tax treatment.
For individuals whose estates are below the federal and state thresholds for estate tax, a full ILIT may be unnecessary. In such cases, relying on direct beneficiary designations or a revocable trust paired with clear beneficiary instructions can provide efficient transfer of life insurance proceeds without the administrative burden of an irrevocable trust. Simpler arrangements may also be preferable when family needs are straightforward, there is mutual agreement among potential heirs, and creditor exposure is low. A measured approach can be cost-effective while still honoring your wishes.
If your primary objective is quick access to cash for a surviving spouse or to cover short-term expenses, naming beneficiaries directly or establishing a pour-over will that funnels assets into a revocable trust may provide the needed liquidity. These options can simplify administration and permit beneficiaries immediate receipt of funds without the additional steps involved with ILIT funding and trustee management. The key consideration is that these approaches may not offer the same level of tax planning or creditor protection that an ILIT can provide.
Owners of sizable estates often require more involved planning to mitigate exposure to estate taxes and to ensure that life insurance proceeds are used in a way that aligns with long-term family objectives. An ILIT can be an effective component of a broader strategy that includes trusts, wills, and powers of attorney. Comprehensive planning addresses funding mechanisms, naming of trustees and beneficiaries, and coordination with retirement plan trusts or other specialized trusts. Thoughtful integration reduces the risk of unintended tax consequences and helps secure liquidity for heirs.
When families include blended relationships, minor children, or beneficiaries with special needs, an ILIT allows the grantor to shape distributions to meet long-term goals and protections. Coordinating an ILIT with trusts such as special needs trusts, pour-over wills, or guardianship nominations ensures that proceeds are distributed in a way that safeguards benefits and provides structured support. Comprehensive planning also considers contingencies and successor trustee arrangements so that administration is clear and consistent with the grantor’s desires.
A comprehensive approach to ILIT planning delivers more than tax efficiency. It creates a coordinated plan that addresses funding, beneficiary protection, and the relationship of the trust to other estate planning documents such as wills, powers of attorney, and health care directives. Proper coordination reduces the risk of inconsistent beneficiary designations, probate delays, or disputes among heirs. When the trust is carefully integrated with retirement plan trusts and other instruments, families gain clarity and continuity for managing assets during incapacity and after death.
Comprehensive ILIT planning also builds in administrative guidance for trustees, including instructions for premium payments, recordkeeping, and distribution protocols. Clear trustee guidance can minimize conflicts and ensure that proceeds are applied to the grantor’s intended purposes, whether that is supporting surviving family members, funding education, or preserving assets for future generations. By anticipating future needs and potential legal developments, a comprehensive plan helps ensure that the ILIT continues to serve its purpose effectively over time.
One of the primary reasons families choose an ILIT is to remove life insurance proceeds from the taxable estate, which can be especially meaningful for larger estates where estate tax exposure is a concern. By transferring ownership of the policy to an irrevocable trust and following appropriate funding and timing protocols, the proceeds are often excluded from the estate. This result helps preserve more of the estate’s value for beneficiaries. In combination with other estate planning vehicles, an ILIT can be an effective tool for asset preservation and long-term financial continuity.
In addition to tax considerations, an ILIT offers protection for beneficiaries by limiting their direct control over insurance proceeds, structuring payments over time, and shielding funds from creditor claims in many circumstances. Trustees follow the trust terms to allocate distributions according to priorities established by the grantor, which can include maintaining funds for education, health expenses, or ongoing support. This structure provides predictability and can prevent impulsive or harmful financial decisions by beneficiaries, preserving the intended purpose of the insurance proceeds.
Selecting a trustee is one of the most important choices when creating an ILIT. The trustee will manage premium payments, maintain records, and carry out the distribution plan when benefits are paid. Look for someone who is willing to keep careful documentation, communicate with beneficiaries, and follow the trust document’s instructions faithfully. Consider naming a successor trustee and review the role periodically to ensure capacity and willingness. Clear guidance in the trust reduces administrative friction and helps preserve the grantor’s intentions over time.
An ILIT should be part of a cohesive estate plan that includes wills, powers of attorney, health care directives, and any retirement-related trusts. Review beneficiary designations and ensure consistency across documents so the ILIT functions as intended without conflicting designations. Updating related documents when family circumstances change helps avoid unintended results. Work through contingencies in the trust document to address changes in family structure, asset values, or trusteeship so the overall estate plan remains effective as life circumstances evolve.
Individuals consider an ILIT when they want to protect life insurance proceeds from estate tax exposure, provide immediate liquidity for heirs, or manage how insurance benefits are distributed over time. In communities like Florence-Graham, an ILIT can offer a reliable mechanism to ensure that family needs are met while minimizing administrative complications after death. By clarifying how proceeds are used and by whom, an ILIT helps reduce the potential for family disputes and can preserve intended benefits for children, dependents, or other designated beneficiaries.
Additionally, those with complex family structures, vulnerable beneficiaries, or significant estate values often find an ILIT valuable for aligning life insurance proceeds with long-term planning needs. The trust can provide protections for beneficiaries who may be young, lack financial experience, or require ongoing support, while also allowing the grantor to set conditions and distribution schedules. Thoughtful ILIT planning combines tax, legal, and practical considerations to create a lasting and manageable legacy tailored to each family’s priorities.
Typical circumstances for establishing an ILIT include planning for estate tax minimization, providing liquidity for estate administration, protecting proceeds from creditors, and setting managed distributions for heirs. Life events such as marriage, divorce, births, and changes in asset values often prompt families to revisit life insurance ownership and consider whether transferring a policy into a trust better aligns with current goals. An ILIT can also be a useful tool when coordinating benefits with other trusts, including retirement plan trusts and special needs arrangements.
For those with substantial estates, the potential impact of estate taxes on the value passed to heirs can be significant. An ILIT provides a mechanism to keep life insurance proceeds outside of the estate, which may reduce estate taxes owed at death. Combined with other planning measures, an ILIT helps preserve wealth across generations. The trust also offers flexibility to structure distributions for various family needs, including business continuity and legacy goals, ensuring that life insurance proceeds serve the purposes intended by the grantor.
Families with young children, individuals with disabilities, or beneficiaries who lack financial experience often choose an ILIT to manage how insurance funds are distributed. The trust can provide structured payments, require milestones for distributions, and appoint a trustee to oversee financial management on behalf of beneficiaries. This protection helps ensure that funds are used for care, education, and stable support rather than being subject to creditors or premature depletion. The ILIT’s terms can be tailored to match the family’s values and practical needs.
Business owners may use an ILIT to hold life insurance that provides liquidity for buy-sell agreements, succession planning, or to cover estate taxes that could otherwise force the sale of a business interest. The ILIT’s proceeds can be directed to provide funds to continuing owners or to support family members during transition periods. By separating the insurance from the owner’s estate, the trust can help ensure that business interests are transferred according to the owner’s wishes while providing necessary cash flow for continuity and obligations.
The Law Offices of Robert P. Bergman assists residents of Florence-Graham and the greater Los Angeles County area with ILIT formation and administration. We provide practical guidance on trust drafting, funding strategies, trustee selection, and coordination with related estate planning documents. Whether you are considering transferring an existing policy or creating a new policy owned by the trust, our approach focuses on clear communication and careful planning to help you achieve your goals for protecting and distributing life insurance proceeds in accordance with California law.
The Law Offices of Robert P. Bergman brings focused attention to ILIT matters by working closely with clients to tailor trust provisions to family needs and tax planning goals. We emphasize clarity in drafting and practical trustee guidance to reduce the likelihood of disputes or administrative complications. Our team takes time to explain funding options, the interplay with other estate documents, and the long-term implications of various choices. This careful approach helps clients feel confident that their life insurance assets will serve intended beneficiaries effectively.
We assist with the technical details required to make an ILIT function as intended, including documentation of gifts used to fund premiums, coordination with beneficiary designations, and trustee instructions for recordkeeping and distributions. Our goal is to ensure that the ILIT accomplishes your planned outcomes, provides necessary liquidity, and integrates smoothly with other instruments such as pour-over wills, powers of attorney, and health care directives. Regular reviews and updates are part of maintaining a trust that remains consistent with your circumstances.
Clients receive guidance on selecting trustees and successor trustees, drafting contingency provisions, and preparing trust certification or related documents that trustees may need to present to financial institutions and insurance carriers. This practical preparation reduces delays and helps guarantee that trustees can act promptly and in accordance with the grantor’s instructions. Our firm supports trustees through the administration process and provides actionable counsel to help preserve the intended benefits for beneficiaries.
Our process for ILIT matters begins with an intake meeting to understand your objectives, family dynamics, and the specifics of any existing insurance policy. We review beneficiary designations, coordinate funding strategies, and draft a trust document that reflects your intentions. Once the ILIT is established, we assist with transferring policy ownership, documenting premium funding, and preparing trustee guidance. Ongoing support is available for trustee questions, policy management, and amendments to related estate planning documents when life circumstances change.
The first step is a comprehensive meeting to gather background on your assets, insurance policies, estate planning documents, and family needs. We ask about existing beneficiary designations, the type and face value of life insurance policies, and your objectives for distributions. This information enables us to recommend whether an ILIT is appropriate and to outline potential funding strategies. Clear documentation at this stage helps avoid pitfalls during formation and ensures the trust will operate in alignment with your broader plan.
We carefully review any existing policies, beneficiary designations, wills, and trusts to identify conflicts or inconsistencies that could undermine your goals. This review helps determine whether transferring a policy to a trust is feasible and advisable, and it highlights any coordination needed with retirement plan trusts, pour-over wills, or powers of attorney. Identifying these interactions early ensures smooth implementation and helps prevent unexpected tax or administrative issues after the trust is funded.
Determining how premiums will be paid after the trust owns the policy is a critical consideration. We evaluate options such as annual exclusion gifts, retained assets used for premiums, or alternative funding mechanisms. Proper structuring and documentation of funding transfers are essential to achieving intended tax results and maintaining the trust’s independence. We explain the practical implications of each approach and recommend steps to preserve the trust’s benefits while meeting your cash-flow needs.
Once the plan is set, we draft the trust document with clear trustee powers, beneficiary provisions, distribution rules, and administrative procedures. The trust agreement is tailored to your goals while complying with applicable California law and federal tax considerations. After execution, we facilitate the transfer of policy ownership to the trust or assist with issuance of a new policy owned by the trust. Proper documentation at this stage helps avoid challenges to the trust’s validity and ensures the trustee can manage the policy effectively.
Execution of the trust requires formal signing and witness procedures as applicable, followed by documentary steps to transfer policy ownership and to document gift transfers for premium payments. We prepare the necessary paperwork for the insurance carrier, provide trustee certification templates, and advise on recordkeeping practices. Careful execution and organized records help protect the intended treatment of the policy under estate and gift tax rules, and they enable trustees to demonstrate compliance with the trust terms.
After formation, we work with insurance carriers to update ownership and beneficiary records and assist with any carrier requirements for trust ownership of life insurance. We also advise trustees on how to establish trust bank accounts for premium payments and maintain documentation of gifts used to fund premiums. This coordination reduces administrative delays and helps ensure that the trust functions smoothly as the policy owner and beneficiary.
Following the insured’s passing, trustees will handle claim submission, receipt of proceeds, and distributions under the trust terms. We provide guidance on required documentation, tax implications of distributions, and the steps for distributing funds to beneficiaries. During the trust’s life, trustees may require assistance with recordkeeping, premium payments, and decisions about policy loans or changes if the trust terms allow. Ongoing legal support helps trustees fulfill duties properly and preserves the grantor’s intentions for beneficiaries.
When a claim arises, trustees must ensure that beneficiary claims are filed correctly and that proceeds are received and allocated in accordance with the trust document. We assist trustees by outlining required documents, advising on timing and tax reporting obligations, and helping to interpret distribution provisions to avoid disputes. Clear communication with beneficiaries and accurate recordkeeping facilitate smoother administration and help prevent misunderstandings about the trustee’s authority and actions.
Life changes such as marriage, divorce, births, and shifts in asset values may require updates to related estate planning documents and reassessment of the ILIT’s funding and trustee arrangements. Regular reviews help maintain alignment between the ILIT and your overall estate plan. We recommend periodic check-ins to confirm that beneficiary designations, trustee selections, and coordination with other trusts continue to reflect current objectives and to address any changes in relevant law that could affect the trust’s operation.
An Irrevocable Life Insurance Trust (ILIT) is a trust that owns a life insurance policy and is designed to keep the policy proceeds out of the insured’s taxable estate. Unlike a policy owned personally, an ILIT holds legal ownership and takes the policy out of the individual’s estate for tax purposes, subject to timing rules and proper funding. The trust is irrevocable, meaning the grantor gives up control over the policy after formation, and the trustee manages the policy in accordance with the trust document. Because the ILIT is a separate legal entity, beneficiaries receive proceeds through the trust according to the terms set by the grantor. This structure can provide additional protections, such as managed distributions and potential creditor protection, while also helping to ensure liquidity for estate obligations. Coordination with other estate documents is important to avoid conflicts and to preserve the intended tax and administrative outcomes.
Once a policy is transferred into an ILIT, the grantor generally no longer has the unilateral ability to change the trust’s beneficiary designations because the trust document governs how proceeds are allocated. If flexibility is desired, the trust can include limited mechanisms for modification or naming a trustee with discretionary authority, but those options must be structured carefully to preserve the trust’s tax treatment. Any beneficiary changes typically must be made through trust amendments or by actions permitted to the trustee under the trust document. It is essential to coordinate beneficiary designations on insurance policies, retirement accounts, and other assets with the ILIT’s provisions to prevent unintended outcomes. If an existing policy is transferred to the trust, beneficiaries should be confirmed in the trust document rather than via individual beneficiary forms. Professional guidance helps ensure consistency and reduces the risk of results that conflict with your overall estate plan.
Premium payments for a policy owned by an ILIT are typically arranged so that the trustee uses funds provided to the trust to pay premiums. A common method is for the grantor to make annual gifts to the trust under the gift tax annual exclusion, and for the trustee to apply those gifts to premium payments. Proper documentation of these gifts and subsequent premium payments is important to demonstrate the independence of the trust and preserve desired tax outcomes. Alternative funding methods may include transferring assets to the trust that generate income for premiums or establishing other funding plans that fit the grantor’s cash flow. Trustees should keep careful records of all transfers and payments, and grantors should consult with counsel to select a consistent funding strategy that aligns with their financial capabilities and the trust’s administration requirements.
An ILIT can offer a measure of protection from creditors for the life insurance proceeds because the trust, rather than the insured, owns the policy. When properly structured and administered, proceeds paid to the trust are distributed in accordance with the trust document, which can limit direct access by creditors of individual beneficiaries in many cases. However, the degree of protection depends on the nature of creditors, timing of transfers, and applicable state law, so it is not an absolute guarantee. To maximize protective benefits, the trust should be established well in advance of any anticipated creditor claims and administered with clear documentation and independence from the grantor. For specific creditor scenarios, including judgments and business liabilities, tailored planning and coordination with other asset protection strategies may be advisable to achieve the strongest protection available under California law.
If the insured dies shortly after transferring a policy into an ILIT, certain timing rules may cause the proceeds to be included in the insured’s estate for tax purposes. Federal rules generally look to transfers made within a specified look-back period when determining estate inclusion. To avoid unintended estate inclusion, it is important to plan transfers and new policy issuances with attention to timing and to follow recommended funding protocols. If estate inclusion occurs due to timing, the trust may still serve other purposes such as structured distributions or creditor protections, depending on the circumstances. Early planning and careful consultation help reduce the chance that the trust will fail to achieve intended tax outcomes, making it important to address timing concerns before formation and funding occur.
An ILIT should be integrated with your overall estate plan, including your will, revocable living trust if any, powers of attorney, and health care directives. The ILIT’s terms need to be consistent with beneficiary designations and other estate documents to avoid conflicts that could create administrative complications or disputes. For example, a pour-over will can be coordinated with trust structures so that assets not specifically placed in trusts are directed appropriately at death. Coordination also includes reviewing retirement plan beneficiary designations and other payable-on-death accounts so that the ILIT’s role is clear and does not contradict other instruments. Periodic reviews help ensure that all documents reflect current wishes and changes in family circumstances, reducing the risk of unintended results and ensuring the estate plan functions cohesively.
Choosing the right trustee involves balancing qualities such as reliability, organizational skill, and willingness to follow the trust’s instructions. Trustees are responsible for administrative tasks like paying premiums, maintaining records, and distributing proceeds to beneficiaries, so selecting someone who can handle those duties patiently and responsively is important. Some grantors select a trusted family member, a professional trustee, or a combination of co-trustees to provide complementary skills and oversight. When naming a trustee, consider successor arrangements to address incapacity, resignation, or death of the initial trustee. The trust document should include clear guidance on trustee powers and limitations to minimize ambiguity. Regular communication with the chosen trustee before finalizing documents helps ensure they understand and accept the responsibilities involved, which reduces the likelihood of friction in administration.
An ILIT can be structured to coordinate with a special needs trust or other protections for beneficiaries receiving government assistance, allowing proceeds to be used for supplemental needs without risking eligibility for public benefits. The trust’s drafting must carefully address distribution authority and consider applicable public benefit rules to avoid disqualifying a beneficiary from assistance programs. Coordination with a special needs trust or other planning mechanisms helps ensure funds support the beneficiary’s needs while preserving benefit eligibility. When planning for beneficiaries who receive government benefits, it is important to establish clear trustee powers and rules for permissible uses of trust funds. Professional review and tailored drafting ensure that distributions are made in ways that enhance the beneficiary’s quality of life without jeopardizing critical public benefits. Such planning often involves close collaboration among legal, financial, and care professionals.
Yes, ILITs require ongoing administration and good recordkeeping to maintain their intended benefits. Trustees must track premium payments, document gifts used for funding, manage policy transactions, and keep clear records of any distributions made from the trust. These records help demonstrate the trust’s independent operation and are important for tax and legal compliance. Trustees also should be prepared to coordinate with insurance carriers and financial institutions as necessary. Periodic reviews of the trust’s administration, funding sufficiency, and coordination with other estate planning documents are recommended to keep the ILIT working as intended. Life events such as births, deaths, marriages, or changes in asset values may require trustee action or updates to related planning documents. Reliable administration reduces the risk of disputes and supports smooth handling of benefits when they are needed.
To begin forming an ILIT in Florence-Graham, start by gathering information about your life insurance policies, current beneficiary designations, and other estate planning documents such as wills and powers of attorney. Contact a law firm experienced in estate planning to schedule a consultation where you can discuss goals, funding options, and trustee selection. This initial meeting helps determine whether an ILIT fits your circumstances and the best approach to implementation. Following the consultation, the next steps typically include drafting the trust document, executing it according to legal requirements, transferring ownership of the policy to the trust or arranging for the trust to obtain a new policy, and documenting funding for premiums. The firm can guide you through each administrative step and provide trustee support to ensure the ILIT operates smoothly and in accordance with your wishes.
Criminal Defense
Homicide Defense
Manslaughter
Assault and Battery
Assault with a Deadly Weapon
Battery Causing Great Bodily Injury
Domestic Violence
Domestic Violence Protection Orders
Domestic Violence Restraining Order
Arson Defense
Weapons Charges
Illegal Firearm Possessions
Civil Harassment
Civil Harassment Restraining Orders
School Violence Restraining Orders
Violent Crimes Defense
Estate Planning Practice Areas