In an ILIT, the grantor or creator of the trust cannot change the terms or beneficiaries of the trust, just like any irrevocable trust. However, grantors may place one or more life insurance policies ...

Q: How should you handle life insurance in a living trust? Should the trust be named beneficiary of the policy? A: The answer to this question really depends on a lot of things. The terms of the trust ...

When a married parent creates an irrevocable trust for the benefit of his or her children, the married parent, as the creator or settlor of the trust, often provides for his or her spouse to have ...

The strategic use of life insurance helps equalize inheritances, provide immediate liquidity for tax bills and more ...

A frequently overlooked aspect of a client’s life insurance is proper alignment with their estate planning goals. Between the typical set-it-and-forget-it mentality and a simple beneficiary approach ...

Should you name your living trust as the beneficiary of your life insurance policy? Is it better to name specific individuals as direct beneficiaries? This decision can have significant implications ...

It's getting more difficult for trustees to exercise prudent fiduciary responsibility in the life insurance arena. They must contend with developments affecting the policy's performance (including ...

With current estate-tax rules set to expire at the end of next year, life insurance could help heirs to some high net worth clients avoid bigger costs and payments to Uncle Sam in the future.

Steps to make sure your life insurance pays out efficiently to the people you want to support Written By Written by Insurance Staff Writer, WSJ | Buy Side Kimberly Lankford is an insurance staff ...