What is a Gift Trust or Irrevocable Life Insurance Trusts (ILITs)?

What is a Gift Trust- image for video blog | Citadel Law Firm

“What is a Gift Trust?” is a common question among new clients.  Gift Trusts are also know as Irrevocable Life Insurance Trusts (ILITs). This brief video blog explains what is a Gift Trust and when to use it. What is a Gift Trust or Irrevocable Life Insurance Trusts (ILITs)? A Gift Trust is a special type […]