Life Insurance Trust (ILIT) Calculator
Calculate ILIT premium obligations and estate tax savings from removing life insurance from your estate.
Legal Disclaimer
This calculator provides general estimates only and does not constitute legal advice. Laws, regulations, and court procedures vary significantly by jurisdiction. Consult a licensed attorney in your area for advice specific to your situation.
Inputs
Results
Estate Tax Saved
$800,000.00
≈ 19 Teslas
Net Savings
$470,000.00
≈ 11 Teslas
Figures current as of 2026. Source: IRS Rev. Proc. 2025-32
How to Use This Calculator
- Enter Death Benefit of the policy to be held in the ILIT.
- Set Annual Premium and Years Remaining of premium payments.
- Enter Estate Tax Rate — the ILIT keeps life insurance proceeds out of your taxable estate.
- Set Number of Beneficiaries and Trustee Annual Fee.
- Review Estate Tax Saved — the key benefit of an ILIT is removing the death benefit from your gross estate.
- Premiums paid into an ILIT use your annual gift tax exclusion ($19,000/beneficiary in 2026).
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