Life Insurance in a Trust for Children — Clark County Nevada
Serving Las Vegas • Summerlin (89135, 89138, 89144) • Henderson (89012, 89052, 89044)
For affluent families in Clark County, trust-owned life insurance can function like a multigenerational opportunity fund: the trustee follows your rules, cash values can support major milestones, and the death benefit refuels the plan for future generations.
Why Clark County Families Use a Trust
- Estate awareness: Properly structured, proceeds can be kept outside your taxable estate.
- Governance: Trustee-controlled access (education, first home, vetted ventures).
- Tax advantages: Potential tax-advantaged growth and income-tax-free death benefit (IRC §101), if maintained correctly.
- Asset protection: Trust design may offer creditor resilience (varies by state law).
How the Structure Works
- Your attorney drafts an ILIT/Dynasty trust with loan/distribution language.
- The trust applies for and owns life insurance on a child/grandchild.
- You make gifts to the trust; trustees pay premiums (with Crummey notices).
- Cash value grows; trustee may approve policy loans/withdrawals for defined purposes.
- Ultimately, the death benefit replenishes the trust for future generations.
Policy Types & Guardrails
Whole Life (predictable guarantees), IUL (index-linked crediting with prudent funding), or protection UL when maximizing death benefit. Avoid unintentionally creating a MEC; maintain annual reviews and stress-test illustrations.
Explore Trust-Owned Life Insurance (Clark County)
Confidential, no-pressure review for families in Summerlin and Henderson.
Get a Life Insurance Quote
or call 813-964-7100
Governance That Protects the Family
- Independent/co-trustee for objectivity
- Investment Policy Statement for product/funding oversight
- Loan policy (purpose, limits, rate, repayment)
- Successor-trustee & decanting powers to adapt over time