ILIT Policy Audits: Optimizing Your Trusts

The Importance of ILIT Policy Audits

Irrevocable Life Insurance Trusts (ILITs) are powerful tools for estate planning and wealth transfer. However, to ensure they function as intended, regular audits are essential.

What is an ILIT Policy Audit?

An ILIT policy audit is a thorough review of your life insurance trust to ensure it meets your estate planning goals. This includes evaluating policy performance, compliance with legal requirements, and the adequacy of coverage.

Benefits of ILIT Policy Audits

1. Enhanced Performance: Ensures your policy is performing optimally.

2. Compliance Assurance: Verifies that your trust complies with current laws and regulations.

3. Protection of Interests: Safeguards your beneficiaries' interests by ensuring the trust functions as intended.

4. Cost Efficiency: Identifies any unnecessary costs or inefficiencies.

Our ILIT Policy Audit Services

At Limitless Life, we provide comprehensive ILIT policy audits, offering recommendations to optimize your trust and enhance its performance. Our goal is to protect your interests and ensure your estate planning objectives are met.