Current Issues Concerning Irrevocable Life Insurance Trusts (ILITSs) Webinar 01.12.2010 11:00pm Topic
Over the last year, the investment performance of many ILITs has suffered along with the broader markets. Trustees may be unsure what duties they have to review the performance of insurance policies held by the ILIT and what options may be available for underperforming policies. Moreover, due to the significant decrease in clients' wealth and significant increase in the unified credit, many clients are asking whether they can terminate their ILITs now. Hear a discussion on these issues and other recent developments concerning ILIT administration.