Irrevocable Life Insurance Trusts (ILITs)

Many planners use Irrevocable Life Insurance Trusts to replace wealth given to charity or a charitable trust. Planned Giving Concepts, Inc. helps to orchestrate the total plan by administering ILITs. We assist the trustee by issuing beneficiary withdrawal notices as required, handling premium payments, advising on the disbursement of funds as specified by the trust and coordinating other matters as they occur.

Our goal is to simplify the administration process so the trustee can focus on investments and other trust functions.

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