Financial service providers play a crucial role in helping their clients achieve their estate, tax, and business succession goals, but one powerful tool that often goes underutilized is life insurance. By incorporating life insurance into their strategies, financial professionals can provide their clients with secure estate plans, tax reduction strategies, and asset protection. In this article, titled “IDITs: What Advisors Need to Know,” Jeff Chadwick shares valuable insights into the utilization of intentionally defective irrevocable trusts to enhance estate planning and asset protection, and explains how IDITs can be used as a vehicle to transfer wealth and minimize taxes, while providing the necessary liquidity to address potential estate tax liabilities.
Click Here to Download the PDFFooter
Information
The Nautilus Group® is a service of New York Life Insurance Company. New York Life Insurance Company and its affiliates and agents and employees thereof do not provide tax, legal, or accounting advice. Individuals should consult with their own tax, legal or accounting professionals before implementing any planning strategies. SMRU 5018918 Exp. 04/30/2028
© 2025 The Nautilus Group®