Conference Materials


Breakout Sessions - It’s Just an Irrevocable Life Insurance Trust –Nothing to Worry About, Right?

Monday, May 6, 2019 3:30 PM - 4:30 PM


Leon J. Wessels

Corporate Business Development Manager
Sioux Falls, South Dakota

Speaker Bio

Session Description

In this session, we will enhance your ILIT knowledge and discuss real case studies that address typical challenges associated with managing life insurance policies. What should the trustee do in the following situations?

  • A term conversion date is approaching;
  • The insurance carrier increased the cost of insurance on  an existing policy by 60%;
  • The 80-year old grantor wants to surrender the policy; and
  • The original writing agent is proposing a policy exchange that looks great.

Attendees will receive a copy of The TOLI (trust owned life insurance) Handbook, a reference guide for trust professionals, fiduciaries and regulators.

Session Material