We Want Your ILITs

Introducing The First Trust Company Focused On Life Insurance Trusts.

TOLI trustees are questioning why they continue to serve as trustee for this unique trust asset, particularly when they represent a small portion of revenue and significant potential liability. 

Banks with stand-alone ILITs are looking for a place to offload those accounts.
Accounting and Law Firms realize that life insurance represents a specialized asset that needs specialized care. Trust Companies and Family Offices understand that they do not have the requisite skills to provide the same level of care to this asset that they can to other assets.
 

Until now, there was no solution

now there is Life Insurance Trust Company

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BULK TRANSFER

Where authorized under applicable law, Life Insurance Trust Company can be named as successor trustee by moving blocks of ILITs, simplifying the process.

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TRADITIONAL TRUSTEE SUCCESSION

As outlined in the trust agreement and under state law, grantors and/or beneficiaries of ILITs may appoint Life Insurance Trust Company as successor trustee utilizing traditional removal and successor documents.

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CORPORATE ACQUISITION

Life Insurance Trust Company may consider moving ILITs under merger and acquisition provisions when other options are not available.