ILIT

Life Insurance Trusts Have Asset Protection

Dennis D. Duffy · Mar 15, 2012 ·

Life insurance is often a significant part of a comprehensive estate plan. In addition to funding an estate plan, if owned by an irrevocable trust (not an individual), the life insurance has asset …

The Dynasty Trust as an Asset Protection Device

Dennis D. Duffy · Mar 13, 2012 ·

The dynasty trust carries on generation after generation, providing assets and avoiding federal transfer taxes for as long as the assets remain in trust. In addition, the assets in the dynasty trust …

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