JHAM Radio: Why “Irrevocable” Doesn’t Necessarily Mean Inflexible

What options do clients have when their existing ILIT does not meet their current needs? Can the ILIT be modified or terminated? These questions are so commonly asked that we’ve been inspired to host a two-part JHAM series on the topic. In this second installment, Attorney Alan Brown discusses the options clients have to build flexibility into new trusts as well as how they can work with existing trusts that no longer meet current needs.  Listen here.