Trust Owned Life Insurance (TOLI)

CLE Courses Available on DVDs, Audio CDs, USB Stick, Online & iOS/Android App!

Course Media Options

About This Course

Life insurance policies, especially those owned by trusts (TOLI) are facing a crisis. 45% of life policies purchased between 1982 and 2003 were non-guaranteed universal life policies. Of those policies 23%-25% are projected to lapse prematurely. Premature lapse undermines estate plans, harms those relying on the proceeds from those policies, and potentially triggers suits against trustees who have not managed TOLI properly. Unless reviewed and restructured, many universal life policies will expire before their insureds.

With an estimated 90% of TOLI policies managed by non-professional individual’s, policies may deteriorate beyond remediation because no one noticed in time. The non-professional trustees are often a child of the settlor/insured who created the trust and plan acting with little or no guidance from the professionals otherwise involved in the family planning.

Rarely does the non-professional trustee retain advisers. Approximately 40% of in-force, non-guaranteed TOLI policies are carrier illustrated to lapse during the insured’s lifetime or within 5 years of estimated life expectancy.

What should practitioners do to advise clients concerning trust owned life insurance? What should trustees be concerned about and what steps should they take? What should attorneys know about these issues in order to better advise clients? And what are the steps trustees should take with their advisors for new TOLI acquisitions of life insurance?

Spend less and get more

Get the courses that you need and the forms completed in days — not weeks or months.

Feature Ribbon Icon
CLE Manager on a headset

Dedicated CLE Manager

Quality help from a responsive CLE expert dedicated to assisting you.

Feature Ribbon Icon
A wall of media options

Riveting Content & an Exceptional Library

Experience outstanding presenters.

Feature Ribbon Icon
Customer viewing progress on a computer

Free Customized CLE Tracker

Keep crystal clear records of your courses and credits.

Feature Ribbon Icon
All of our media formats

Online, Audio CD, DVD, iOS/Android App, USB Stick

Learn at your pace, in the format that you prefer.

Want Different Options?

For a custom suite of courses, our custom CLE option satisfies your CLE cycle requirements in one easy step.

Customize OptionsRight ArrowCustomize Options