The Wealth Transfer Planning Guide includes information on the need for liquidity, the Irrevocable Life Insurance Trust (ILIT) as a solution, the importance of protection through flexibility, and a list of considerations to be aware of.
The guide will help your clients consider what a
well-designed estate plan may accomplish:
- Minimize federal and state transfer taxes
- Protect property from potential creditors
- Assure assets and property end up in the
right hands - Avoid family strife / fighting over the estate
