Batson Nolan explains ILIT Trusts and Crummey Letters
Batson Nolan explains how an ILIT can possibly help avoid a heavy tax burden. Irrevocable Life Insurance Trusts and Crummey Letters Many clients are unaware that the value of their life insurance policies may be includable in the value of their estates at the time of their death. Due to the high estate tax exemptions currently, this inclusion by the IRS…