Micah J. Nichols and Rodney S. Retzner: The uses and benefits of irrevocable life insurance trusts
The benefit of an ILIT, if structured properly, is that life insurance proceeds are not included in the client’s taxable estate.
Rodney S. Retzner
Articles
Nichols and Retzner: Using a purpose trust in a business succession plan
The “purpose trust” should be in an estate planner’s “tool kit” and considered in a client’s business succession and charitable planning.
Retzner: Avoid leaving an inheritance to someone you’ve never met
Over their lifetimes and at death, parents make gifts to children under the assumption that those gifts will be the property of that child for life, no matter what.