[{"@context":"https:\/\/schema.org\/","@type":"Article","@id":"https:\/\/www.penningtonestateplanning.com\/estate-planning\/trusts\/five-things-to-know-before-you-create-an-ilit\/#Article","mainEntityOfPage":"https:\/\/www.penningtonestateplanning.com\/estate-planning\/trusts\/five-things-to-know-before-you-create-an-ilit\/","headline":"Five Things to Know Before You Create an ILIT","name":"Five Things to Know Before You Create an ILIT","description":"Are you considering setting up an irrevocable life insurance trust (ILIT) but unsure of how to get it right? Taking the time to plan now could save your loved ones stress and money later. An Arizona estate planning lawyer from Pennington Law, PLLC can help you create an ILIT that fits your needs and complies […]","datePublished":"2025-06-10","dateModified":"2025-07-08","author":{"@type":"Person","@id":"https:\/\/www.penningtonestateplanning.com\/blog\/author\/penningtonlaw\/#Person","name":"Pennington Law, PLLC","url":"https:\/\/www.penningtonestateplanning.com\/blog\/author\/penningtonlaw\/","identifier":6,"image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/35dc6853b9d9833af8623c784bd8cc1436ceca0be7925133d99c37afece2b1e9?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/35dc6853b9d9833af8623c784bd8cc1436ceca0be7925133d99c37afece2b1e9?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Pennington Law, PLLC","logo":{"@type":"ImageObject","@id":"https:\/\/www.penningtonestateplanning.com\/wp-content\/uploads\/2023\/05\/logo-2.png","url":"https:\/\/www.penningtonestateplanning.com\/wp-content\/uploads\/2023\/05\/logo-2.png","width":209,"height":126}},"image":{"@type":"ImageObject","@id":"https:\/\/www.penningtonestateplanning.com\/wp-content\/uploads\/2025\/06\/Five-Things-to-Know-Before-You-Create-an-ILIT-featured-image.png","url":"https:\/\/www.penningtonestateplanning.com\/wp-content\/uploads\/2025\/06\/Five-Things-to-Know-Before-You-Create-an-ILIT-featured-image.png","height":800,"width":1200},"url":"https:\/\/www.penningtonestateplanning.com\/estate-planning\/trusts\/five-things-to-know-before-you-create-an-ilit\/"},{"@context":"https:\/\/schema.org","@type":"BreadcrumbList","@id":"https:\/\/www.penningtonestateplanning.com\/estate-planning\/trusts\/five-things-to-know-before-you-create-an-ilit\/#BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Estate Planning","item":"https:\/\/www.penningtonestateplanning.com\/estate-planning\/#breadcrumbitem"},{"@type":"ListItem","position":2,"name":"Trusts","item":"https:\/\/www.penningtonestateplanning.com\/estate-planning\/trusts\/#breadcrumbitem"},{"@type":"ListItem","position":3,"name":"Five Things to Know Before You Create an ILIT","item":"https:\/\/www.penningtonestateplanning.com\/estate-planning\/trusts\/five-things-to-know-before-you-create-an-ilit\/#breadcrumbitem"}]}]