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All the more reason why an ILIT for college funding as a primary purpose is not something that makes much sense to me, BWDIK?
The only reason I know of anyone using an ILIT for tuition planning is to get it out of the control of someone who expects they may be currently or in the future included in disqualifying aid calculations.

I certainly get nothing out of suggesting them, that's a lawyer thing... and defending them against those who may want to breach them is far beyond my paygrade.
Dave Donhoff
Leverage Planner
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