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Estate Planning and Personal Trusts
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An Irrevocable Life Insurance Trust (ILIT) can build greater control into your estate planning, allowing you to decide exactly when, where, and to whom your assets will be distributed after youre gone. By removing ownership and control of a life insurance policy from an estate, an ILIT shelters your property from creditors and avoids estate taxation of life insurance death proceeds, freeing up funds to help meet liquidity and survivor income needs.
Principal Financial Group
6500 West Freeway Ste 555
Fort Worth, Texas
US, 76116
(817)731-5500
Principal Financial Group is dedicated to improving the wealth and well-being of people and businesses around the worldhelping more than 45M customers plan, protect, invest, and retire.