Citadel Trust Advisors ILIT Management Specialists

We work every day with Trust Companies, Financial Advisors, Attorneys, CPAs, Life Insurance Agents, Grantors & Non-Corporate Trustees to help transfer & manage their ILITs.

Irrevocable Life Insurance Trusts (ILITs) were designed as estate planning tools typically to minimize income and estate taxes. The ILIT, as a separate legal entity, holds a life insurance policy outside of the estate and is not subject to the insured’s estate taxes. When structured and managed correctly, the life insurance proceeds are used to pay taxes without the need to liquidate non-liquid assets of the estate.