How do I terminate an irrevocable life insurance trust?
How do I terminate an irrevocable life insurance trust?
In general, though, there are four common pathways to terminating an ILIT: 1) Trustee’s Power To Terminate. … 2) Trustee’s Power To Terminate A Small Trust. … 3) Consent Termination By Grantor And Beneficiaries. … 4) Beneficiary-Directed Court Termination. Dec 12, 2018