
I need an Irvine Trust Attorney to assist with a Joint Trust, can you help?
YES, definitely, our Irvine Trust Attorney would be more than happy to help.
What is a Life insurance Trust?
According to our Irvine Trust Attorney, An irrevocable life insurance trust (ILIT) is specifically intended to hold a life insurance policy. Life insurance proceeds are typically not taxed as income, but the value of the death benefit is ultimately includable in the gross valuation of the deceased's estate.