An irrevocable life insurance trust (ILIT) is a valuable estate planning tool. With it, you can create a legacy that bypasses probate, reduce your … [Read more...]

You might still be making payments on your life insurance policy despite the fact that its cash value is sufficient to maintain your coverage. In that … [Read more...]

Can you buy life insurance on someone else and under what conditions is this permitted?  Let`s clarify when - and only when you can. Yes, you can buy … [Read more...]

-What is single premium life insurance? With a single lump sum payment, you can have a paid up life insurance policy. There is no need for annual or … [Read more...]

Several years ago, life insurance policyowners began to hear about a new kind of product called viaticals. These arrangements had several … [Read more...]