Editor's note: This is the first article in a series about financial and/or estate planning issues that we all should know but might be too embarrassed to ask about. First up: life insurance trusts.

In an ILIT, the grantor or creator of the trust cannot change the terms or beneficiaries of the trust, just like any irrevocable trust. However, grantors may place one or more life insurance policies ...

Life insurance is an excellent way to plan on providing for your family after your death. Taking that plan to the next level with a life insurance trust is a good way to protect those assets, help ...

Q: How should you handle life insurance in a living trust? Should the trust be named beneficiary of the policy? A: The answer to this question really depends on a lot of things. The terms of the trust ...

Looking for the best rate and coverage for life insurance? Consider Sproutt. When considering future planning and building a strong financial future for your family, getting an insurance policy is ...

The benefits of being self-employed can include the flexibility to work when and where you want to generate your own income. On the flipside, perks available to many employees, such as employer ...

Life insurance is often perceived purely as a safety net for beneficiaries in the event of a policyholder’s death. However, many wealthy individuals leverage life insurance as a versatile investment ...

Many types of life insurance are available, but not all will fit your financial goals Written By Written by Insurance Senior Editor, Buy Side Amy Danise is the staff Senior Insurance Editor for Buy ...

When you apply for most types of life insurance, there is no guarantee you will be accepted – at least not at an affordable premium. That’s because the life insurance provider might determine that you ...

Mortgage life insurance, also known as mortgage protection insurance (MPI), is designed to pay off your mortgage when you die. Some MPI policies also offer coverage for a limited time if you lose your ...

The One Big Beautiful Bill Act signed by President Trump on July 4 will change the landscape for insurance planning, according to three experts who spoke at a webinar in mid-August. “Nothing in OBBBA ...

Life insurance trusts, particularly irrevocable life insurance trusts (ILITs), can minimize estate taxes and protect your heir's inheritance. By Marguerite Weese, JD, LL.M.