Most people put “buy more life insurance” on the very bottom of the “things that excite me” list. But if you’ve realized that life insurance is often the most cost effective answer to several very important problems, you have probably also heard talk of an irrevocable life insurance trust. If you’re the owner of a policy and the insured person under the policy, the proceeds will be part of your taxable estate. An ILIT (pronounced EYE-let) is viewed by some as a time-tested and IRS approved way to avoid this scenario and protect those proceeds from the estate tax.
Join us this Tuesday to learn more on the Bottled Business Sense Show.
Bill Bernard – WFBLegalConsulting.com
Rick Moscoso – Captivate365.com
The Bottled Business Sense Show provides practical business perspectives that uniquely emphasize both legal and media marketing strategies that protect and insure the longevity of your business.