Estate planning becomes more complex when your wealth is tied up in illiquid assets like businesses, real estate, or collectibles. What will your heirs do when they need immediate cash to cover estate taxes, but your valuable assets can't be quickly (or fairly) sold? This week, Andrew explores how life insurance can provide the liquidity your family needs. They explain how to structure an Irrevocable Life Insurance Trust (ILIT) to keep benefits tax-free. They share practical examples of how proper planning can prevent your heirs from facing impossible financial choices. Don't forget to subscribe for more practical advice from the SK team!