If you own or are planning to purchase a life insurance policy of a significant amount, ask us about the estate tax implications of owning life insurance. Life insurance trusts can be of great value to your family in assisting with funds for Federal Estate Taxes as well as in meeting other financial obligations due at the time of death.

As trustee of your irrevocable life insurance trust, Border Capital Bank ensures that the important and necessary steps are followed each year to safeguard your financial plan:

- Annual Contribution Notices to Grantor
- Drawdown Letters to Beneficiaries
- Collection & Payment of Insurance Premiums
- Annual Audit of Policy Performance
- Safeguarding the Policy