Survivor Standby Trust, SST

At TailorMade Financial, control and flexibility to clients matter.  With the understanding that everything has the potential to change in the future, the clients’ goals, situation, or current tax laws, things that are “irrevocable” by nature need to be carefully reviewed.

Enter the “Survivor Standby Trust” for alternate ownership on 2nd to die insurance contracts.  Instead of the classic “irrevocable” nature of Irrevocable Life Insurance Trusts (ILIT’s) are there any other alternatives? Absolutely, and they can provide comfort, simplicity and flexibility.