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Trustee of Irrevocable Life Insurance Trust ILIT -How to Choose one?

August 02, 2017

Who Serves as Trustee of ILIT or Irrevocable Life Insurance Trust? In any Irrevocable Life Insurance Trust (ILIT) structure, a Trustee is selected. The trustee of irrevocable life insurance trust is the person or institution that is designated to manage and operate the trust. Often, the trustee is a family member or friend of the… Read more »

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