What is an ILIT?

This is a part in a series of articles I have written on various types of irrevocable trusts. Irrevocable Life Insurance Trusts Why set up an irrevocable life insurance trust (ILIT)?…

Why do People Create Irrevocable Trusts?

What is an Irrevocable Trust? Many people often ask me, “What’s an irrevocable trust?”  Or some clients come ready to ask the follow-up question, “If an irrevocable trust means I…

Should I Create an LLC?

This is Part 1 in a two-part series about LLCs. In Part 2, I cover how to setup an LLC to maximize asset protection. Why do People Create LLCs?  If…