TOLI Trustee Alert: More of Your Clients Will Be Living to 100 and That Could Be a Problem
Updated 3/12/2020, Originally posted 2/5/19 A little over five years ago we wrote about a little-known problem for trust-owned life insurance (TOLI) trustees - clients living to age 100 - the maturity age for many older life insurance policies. The problem is that many policies in their portfolio will not pay out a full death benefit at maturity and the chances of insureds living to [...]