Sentences with phrase «called irrevocable»

These trusts are called Irrevocable Life Insurance Trusts or «ILIT's.»

This trust is sometimes used for life insurance, in which case it is called an irrevocable life insurance trust.

In the US, we have a concept called an Irrevocable Life Insurance Trust; that is one possibility for you, if the UK has the same concept - this is a trust that specifically exists to be the beneficiary (and, technically, owner) of the life insurance policy.

That is why it is called irrevocable.

Not exact matches

Assured that the call and the gifts are irrevocable, we ask that we again trust ourselves with this gift as we have been entrusted with it.

To the Jews «belong the sonship, the glory, the covenants, the giving of the law, the worship, and the promises; to them belong the patriarchs, and of their race, according to the flesh, is the Christ», 328 «for the gifts and the call of God are irrevocable.

And on Resurrection Morning and every morning till time gives way to forever, it is the Resurrection Women who know their incredible worth to Christ, who know their immense calling in Christ, who know their irrevocable gift through Christ, and everywhere in this new world of new ways, they too will bring the Presence of Resurrection, will relentlessly Practice Resurrection, and will always embody the rising Power of the Resurrection.

The promises of God to Israel must be true, he reasoned, because «the gifts and the call of God are irrevocable» (Rom.

Tom Driver elaborates, «In ritual slaying, the polarity in what Schechner calls the «efficacy / entertainment dyad» seems to collapse: The ultimate entertainment (the drama of killing) has also the greatest efficacity (that the victim is really and truly slain, an irrevocable act).»

The Catholic Church's irrevocable commitment to Christian unity requires that we establish and maintain conversations with all parties in the maddeningly diverse worlds of all who call Jesus Lord, which, according to St. Paul, does not happen except by the Holy Spirit (1 Cor.

Just as the state is called by God to an irrevocable task of doing public justice, so also is the institutional church called by God to proclaim the Gospel in its fullness, administer the sacraments and to ensure that its members are living up to their calling before the face of God, who has redeemed them in Jesus Christ.

If you'd like to learn more about irrevocable life insurance trusts OR anything else pertaining to life insurance OR estate planning, e-mail or give us a call today.

A more secure way to avoid the estate tax on a life insurance payout is to use the policy to fund an irrevocable life insurance trust (commonly called an ILIT).

If your combo policy contains a long - term - care rider called an «indemnity» benefit, you can place the insurance policy in an irrevocable trust.

There's a reason why it's called «irrevocable.»

Thus, our top 1 % will continue to benefit greatly from irrevocable trust planning that uses what is called qualified gifting to an irrevocable trust in order to reduce or limit the size of the estate for estate tax exposure.

If you'd like to learn more about irrevocable life insurance trusts OR anything else pertaining to life insurance OR estate planning, e-mail or give us a call today.

Why would he pay for information when a call to any agent would provide the answer to the caller's questions and even volunteer to provide the neighbour with a copy of the MLS listing, spelling out all sorts of information, including a notation that extra irrevocable time needed on an offer due to seller is out of the country.