Trust-Owned Life Insurance: What is it and What are its Benefits?
Trust-Owned Life Insurance (TOLI) is an irrevocable trust that is funded with life insurance. As a result, another name for ... Read More
Trust Bank Accounts
One of the first things that you will want to do after creating your TOLI is open a trust checking ... Read More
TOLI: Qualifying for Gift Tax Exclusion
Transferring an existing life insurance policy to a Life Insurance Trust without getting anything in return is a gift. If ... Read More
Why Purchasing a New Policy is Better than Transferring an Existing Policy to a Life Insurance Trust
The insured must never have any incidents of ownership in their insurance policy to prevent that policy from being included ... Read More