For affluent families, life insurance can be the cornerstone of an effective estate plan—providing liquidity, protecting heirs, and supporting charitable intent. This session explores how life insurance can fund estate taxes, equalize inheritances, and build multigenerational wealth within a fiduciary, tax-efficient structure.
Advisors will gain clarity on when to use life insurance versus other funding mechanisms and how trust-based ownership structures—such as ILITs, SLATs, charitable trusts, GRATs, and dynasty trusts—can maximize estate and income tax advantages while maintaining control and flexibility.
Learning Objectives
- Evaluate when life insurance offers the most efficient solution for estate liquidity and wealth transfer.
- Identify opportunities to integrate life insurance within ILITs, SLATs, charitable trusts, GRATs, QPRTs, and dynasty trusts to protect assets and manage tax exposure.
- ILIT vs. AMLIT
- Analyze ownership, premium funding, and beneficiary structures to minimize estate inclusion
- Understand coordination of insurance with gifting strategies, Crummey notices, and trust administration.
- Collaborate with attorneys, CPAs, and estate planners to execute compliant, client-first strategies.
Practical Takeaways:
- How to pair insurance with charitable and family trusts for flexible, tax-smart legacy plans.
- Estate planning case studies showing how trust design and policy type impact long-term wealth preservation.
- Checklists for ownership review, gift tax documentation, and policy oversight within trusts.