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Managing Your Wealth Through Irrevocable Life Insurance Trusts - Whitney L. Thompson
From The Law Office of Whitney L. Thompson, PLLC – Managing Your Wealth Through Irrevocable Life Insurance Trusts invites listeners into a deep dive on how individuals and families can use an Irrevocable Life Insurance Trust (ILIT) to proactively protect assets, minimize estate tax exposure, and structure life insurance policies in service of legacy planning. Attorney Whitney L. Thompson guides you through the strategic advantages of transferring a life insurance policy into a trust, and how doing so may remove the policy from a taxable estate—potentially saving millions in estate tax…
The skinny
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