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C) Lay out the situations you’ll desire your recipients to get loan from the ILIT.
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Examples consist of irreversible life insurance trusts,life time gifting trusts such as certified personal house trusts,grantor kept annuity trusts (GRAT for short),and spousal lifetime access trusts (SLAT for short)

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And with today’s depressed house worths,now is a good time to consider developing a QPRT estate.
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