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Irrevocable Life Insurance Trusts (ILITs): How to Keep Life Insurance Out of Your Taxable Estate
June 20, 2026

Irrevocable Life Insurance Trusts (ILITs): How to Keep Life Insurance Out of Your Taxable Estate

Life insurance is supposed to protect your family — but if you own the policy yourself, the death benefit lands squarely in your taxable estate. An Irrevocable Life Insurance Trust (ILIT) changes that. Here's how ILITs work, who needs one, and the critical steps for setting one up correctly.

estate planningirrevocable life insurance trust
How to Name Beneficiaries Correctly: A Critical Estate Planning Mistake Most Seniors Make
May 15, 2026

How to Name Beneficiaries Correctly: A Critical Estate Planning Mistake Most Seniors Make

Most seniors overlook beneficiary designations on retirement accounts and life insurance policies—a critical mistake that can override their entire estate plan. Learn how to align beneficiary designations with your will and trust, avoid costly tax complications, and ensure your assets pass to the right people.

beneficiary designationsestate planning
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