An irrevocable life insurance trust (ILIT) is a 100% tax-efficient structure that builds and preserves wealth, while eliminating all taxes legally.  In addition to providing a life insurance benefit, private placement life insurance (PPLI) enables tax-free investment growth and tax-free family wealth transfer in complete compliance with U.S. tax law.  When PPLI is owned by an ILIT (or dynasty trust), PPLI policy proceeds are paid free of estate and GST taxes upon death of the insured.  To protect your business and build wealth, click CAPTIVE INSURANCE on the menu bar above.