I'm Embarrassed to Ask: What Is a Life Insurance Trust?

Life insurance trusts, particularly irrevocable life insurance trusts (ILITs), can minimize estate taxes and protect your heir's inheritance.

# I'm Embarrassed to Ask: What Is a Life Insurance Trust? Life insurance trusts, particularly irrevocable life insurance trusts (ILITs), can minimize estate taxes and protect your heir's inheritance. **Read the full article:** [Kiplinger](https://www.kiplinger.com/personal-finance/life-insurance/what-is-a-life-insurance-trust) *This article was originally published by Kiplinger. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*