Giving Birth to, caring for, and feeding the irrevocable life inusrance trust
Donald O. Jansen
GIVING BIRTH TO, CARING FOR, AND FEEDINGTHE IRREVOCABLE LIFE INSURANCE TRUSTDonald O. Jansen* Editors’ Synopsis: This Article discusses the irrevocable life insurance trust—one way in which individuals can protect the liquidity produced by life insurance proceeds from estate and generationskipppin taxes. The author describes the advantages and disadvantages of the irrevocabbl life insurance trust and provides possible solutions to gift, estate, and generationskipppin transfer problems that may...