How to Lower Your Estate Taxes with ILITs and SLATs

July 1, 2024 – Starting in 2026, there's a very good chance estate taxes are going to increase. Today, Jim Puplava and Crystal Colbert discuss two different strategies to lower your estate taxes using an Irrevocable Life Insurance Trust (ILIT) or a Spousal Lifetime Access Trust (SLAT). Jim and Crystal explain the mechanics of how both of these work, who they are ideally suited for, and a few other strategies that may be good to consider ahead of 2026.

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