Estate planning is a critical aspect of financial well-being that often requires a careful balance between minimizing liabilities and maximizing the value of assets for
Several insurance companies have announced their intention to raise cost of insurance rates (COI) on specific blocks of universal life insurance policies over the past
Managing Trust Owned Life Insurance is a difficult task, especially when clients stop paying scheduled premiums. ITM finds that over 40% of the policies they
Recently, we updated a survey based on statistics from the Trust Owned Life Insurance portfolios of our clients. The information gathered was insightful, especially when
It was an insightful week at the Cannon Financial Institute – led by industry experts, the Unique and Hard-to-Value Asset Administration course helped attendees stay
In today’s ever-changing financial landscape, staying informed about unique and hard-to-value assets is crucial for effective trust planning. If you’re seeking in-depth knowledge and practical
In our current economic climate, it’s important to understand how inflation and high interest rates impact business valuations. In 2023, as the fed continues to
We’re currently planning our upcoming webinar schedule with events and topics that are relevant to TOLI administation, business valuations, will file, policy management, and other
In 2022, Longevity Holdings acquired RIC bringing together two great companies, ITM TwentyFirst and RIC, under one owner. ITM TwentyFirst’s trust administration team and RIC
Closely held business valuations are a complex process. You must understand the nature of business and determine which valuation method is most appropriate. Clients that
One trend our team sees with Trust Owned Life Insurance (TOLI) is that life insurance is getting harder to manage. While servicing over 25,000 TOLI
Over the past two decades, the potential to achieve a higher rate of return has made variable life insurance an increasingly attractive option compared to
As a TOLI trustee, you have a fiduciary responsibility to ensure that every transaction – either a new policy sale or replacement is not only suitable for your client, but also in your client’s best interest.
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