Estate Settlement

Pillar has been instrumental in the acquisition and structuring of insurance intended to help settle estates. The insurance policies are typically a companion to wealth transfer arrangements such as installment sales or GRATs and the policies are most often owned by trusts or other entities. Insurance proceeds are usually intended to pay tax and other settlement costs or to provide an alternative asset to closely held business interests or valuable recreation property which is not easy to fairly among the settlor’s heirs.

Pillar is unusually skilled in large placements, premium structuring, and credit – both private and commercial to optimize the efficiency of the insurance arrangements.