Irrevocable Life Insurance Trust (ILIT)

Remove Life Insurance from Your Taxable Estate

Save Your Family Millions in Estate Taxes with Over 25 Years of Expertise

Start Saving Today
Save 40%+
On Estate Taxes for Life Insurance Proceeds

Example: A $2 million policy could save your heirs $800,000+ in estate taxes

Life Insurance Trust Solutions

Standard ILIT

Starting at $950

Perfect for individual life insurance policies and basic estate tax planning.

  • Estate tax exclusion
  • Creditor protection
  • Professional trustee options
  • Crummey notices included
  • Annual gift tax optimization
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Survivorship ILIT

Starting at $1,250

For second-to-die policies, maximizing estate liquidity for married couples.

  • Covers both spouses
  • Lower premium costs
  • Estate liquidity planning
  • Business succession funding
  • Charitable giving options
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Dynasty ILIT

Starting at $2,500

Multi-generational wealth transfer avoiding estate taxes for centuries.

  • Generation-skipping tax planning
  • Perpetual trust benefits
  • Asset protection for heirs
  • Flexible distribution terms
  • Dynasty planning included
Explore Options

Specialized ILIT Services

Split Dollar ILIT

Starting at $1,800

Advanced strategy for high-value policies with premium financing needs.

  • Premium payment strategies
  • Employer arrangements
  • Loan regime options
  • Exit strategy planning

Charitable ILIT

Starting at $1,500

Combine family wealth transfer with charitable giving goals.

  • Charity as beneficiary
  • Income tax deductions
  • Legacy planning
  • Family foundation funding

ILIT Review & Reform

Starting at $750

Update or fix existing ILITs to maximize benefits and ensure compliance.

  • Trust review and analysis
  • Beneficiary updates
  • Trustee modifications
  • Compliance verification

With ILIT vs. Without ILIT

Feature Without ILIT With ILIT
Estate Tax on Life Insurance ✗ Up to 40% tax ✓ 0% tax
Creditor Protection ✗ Exposed to creditors ✓ Fully protected
Control Over Distribution ✗ Lump sum only ✓ Flexible terms
Divorce Protection ✗ Not protected ✓ Can be protected
Generation Skipping ✗ Additional taxes ✓ Tax-free transfers

Simple 5-Step Process

1

Consultation

Review your insurance policies and estate planning goals

2

Trust Design

Create customized ILIT tailored to your family's needs

3

Trust Creation

Draft and execute the trust with proper formalities

4

Policy Transfer

Transfer existing or purchase new life insurance

5

Annual Maintenance

Crummey notices and trust administration support

Why Law Offices of Rozsa Gyene for Your ILIT?

⚖️

25+ Years Experience

Thousands of ILITs successfully created

💰

Tax Savings Focus

Maximize estate tax savings strategies

🎯

Custom Solutions

Tailored to your unique situation

📋

Annual Support

Crummey notices and compliance

🤝

Team Approach

Work with your advisors

🚀

Fast Setup

ILITs created within 1-2 weeks

Frequently Asked Questions

Who needs an ILIT?
Anyone with life insurance over $1 million, or anyone whose total estate (including life insurance) exceeds the estate tax exemption should consider an ILIT.
Can I be the trustee of my own ILIT?
No, you cannot be the trustee of your own ILIT. This would give you too much control and defeat the tax benefits. We help you choose appropriate trustees.
What are Crummey notices?
Annual notices to beneficiaries allowing them to withdraw gifts to the trust. These are required for gift tax benefits. We handle these for you.
Can I change beneficiaries later?
ILITs are irrevocable, but we can build in flexibility through trust protectors and limited powers of appointment.

Protect Your Life Insurance from Estate Taxes

Every day without an ILIT costs your family money

Call (818) 291-6217 Today

Law Offices of Rozsa Gyene

450 N Brand Blvd. Suite 600

Glendale, CA 91203

(818) 291-6217

rozsagyenelaw@yahoo.com

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