What do you need to know before starting an Irrevocable Life Insurance Trust...

Philip Ruce, an estate planning attorney, delves into the world of Irrevocable Life Insurance Trusts (ILITs). Learn the key steps and strategies to protect your wealth from estate taxes effectively.

🔑 Key Takeaways:
✅ Discover the importance of consulting a financial professional before creating an ILIT.
✅ Understand how ILITs work, making your life insurance policy estate tax-free.
✅ Differentiate between federal and Minnesota estate taxes and how ILITs can benefit you.

Whether you're new to estate planning or looking to enhance your financial knowledge, this video provides valuable insights.

For expert guidance on estate planning in Minneapolis, MN, and to explore ILITs as a wealth protection strategy, contact Stone Arch Law Office.

📞 Book A Call: https://stonearchlaw.com/

For more advice on estate planning, probate, guardianships, and financial strategies, reach out to Philip Ruce's team. They're here to help you secure your financial future.

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https://estate.stonearchlaw.com/free-...

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Serving all of Minnesota.

Office Address:
Stone Arch Law Office
6009 Penn Avenue South
Minneapolis, MN 55419
[email protected]

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