7 More Family Office Resources:

• Revocable Living Trust Family Office Definition: Revocable Living Trust Revocable Living Trust definition:  A revocable living trust is funded while the trustor is living. Benefits of revocable living trusts are that they are not subject to probate, ...
• Irrevocable Life Insurance Trust Family Office Definition: Irrevocable Life Insurance Trust Irrevocable Life Insurance Trust definition:  (ILIT) is a trust funded with proceeds from a life insurance policy. The amount of the life insurance policy is exempt from ...
• Revocable Trust Family Office Definition: Revocable Trust Revocable Trust definition:  A revocable trust can be modified or revoked through a restatement (or an amendment). Download our free Family Office Report to learn more about the family office industry. Read ...
• Permanent Life Insurance Policy Family Office Definition: Permanent Life Insurance Policy Permanent Life Insurance Policy definition:  A permanent life insurance policy provides coverage for the owner's entire life and does not need to be renewed.  Premiums are based ...
• Cash Value Life Insurance Policy Family Office Definition: Cash Value Life Insurance Policy Cash Value Life Insurance Policy definition:  A cash value life insurance policy includes a tax-deferred investment component. See the definitions for whole life insurance, universal life ...
• Term Life Insurance Policy Family Office Definition: Term Life Insurance Policy Term Life Insurance Policy definition:  A term life insurance policy pays beneficiaries a guaranteed amount if the owner dies during the term of the insurance contract. The ...
• First-to-Die Life Insurance Family Office Definition: First-to-Die Life Insurance First-to-Die Life Insurance definition:  see joint whole life insurance definition for more information. Download our free Family Office Report to learn more about the family office industry. Read more Family Office ...