Glossary Item Box

How a Life Insurance Trust Works | Irrevocable Life Insurance Trusts | Transferring a Policy to an ILIT | Irrevocable Trust and Executive Bonus (Illustration) | Irrevocable Trust and Split Dollar (Illustration)

See Also Advanced Help Send comments on this topic.

Transfer Policy to Irrevocable Life Insurance Trust (ILIT)

 

If you are proposing to transfer the client's existing insurance policy to an Irrevocable Life Insurance Trust (ILIT), select Transfer Policy to Irrevocable Life Insurance Trust (ILIT) as the proposed change on the "Transfer Policy to Trust/Charity" tab.

How a Life Insurance Trust Works | Irrevocable Life Insurance Trusts | Transferring a Policy to an ILIT | Irrevocable Trust and Executive Bonus (Illustration) | Irrevocable Trust and Split Dollar (Illustration)

 

 


© 2006 Impact Technologies Group, Inc. All Rights Reserved.