LIFE INSURANCE SUPPORT FOR ATTORNEYS
Kelly Insurance Group provides specialist life insurance support for estate planning attorneys, trust counsel, and business transaction attorneys — placing ILIT-owned coverage, buy-sell funding policies, divorce decree coverage, and commercial collateral assignments that the legal work calls for but that fall outside the attorney's core practice.
FIVE WAYS WE SERVE AS THE LIFE INSURANCE SPECIALIST FOR YOUR ESTATE AND BUSINESS PLANNING CLIENTS.
Kelly Insurance Group provides the life insurance component of estate plans drafted by attorneys — sizing and placing ILIT-owned coverage, survivorship policies, charitable giving structures, and dynasty trust-funded life insurance that the estate plan calls for but that fall outside the attorney's core practice.
When attorneys represent trustees or serve as trust counsel, Kelly Insurance Group provides in-force illustration analysis, policy performance reviews, and carrier financial strength assessments — the documentation that satisfies trustee fiduciary obligations and supports the attorney's advice to the trustee.
Attorneys who draft buy-sell agreements between business owners need the funding mechanism in place — life insurance and disability insurance sized and structured to fund the agreement's triggering events. Kelly Insurance Group places the funding coverage and confirms that policy ownership, beneficiary, and assignment structures align with the agreement's provisions.
Attorneys who include life insurance requirements in divorce decrees can refer clients to Kelly Insurance Group to place the required coverage — confirming that the policy type, amount, beneficiary, and term satisfy the decree's specific provisions.
Real estate attorneys, M&A counsel, and commercial transaction lawyers whose clients face lender life insurance requirements can refer to Kelly Insurance Group for rapid placement and collateral assignment execution — on a timeline that works with the transaction closing schedule.
THE LIFE INSURANCE COMPONENT OF ESTATE PLANNING REQUIRES SPECIALIST KNOWLEDGE
Most estate plans call for life insurance — in an ILIT to keep the death benefit outside the estate, as survivorship coverage to fund estate tax obligations, or as a charitable giving vehicle. Placing, sizing, and maintaining that coverage correctly requires specialist life insurance expertise that goes beyond the scope of most estate planning practices.
Kelly Insurance Group serves as the life insurance specialist for attorneys whose clients have complex life insurance needs — providing analysis and placement that complements the estate plan without displacing the attorney-client relationship. We report to the attorney's specifications, confirm that policy structures align with trust and estate documents, and handle the operational details of ongoing policy management.
HOW KELLY INSURANCE GROUP SUPPORTS ESTATE PLANNING AND BUSINESS ATTORNEYS.
ILIT POLICY PLACEMENT AND ONGOING MANAGEMENT
An ILIT that holds a life insurance policy requires more than the trust document — it requires a policy that is correctly owned, correctly beneficiaried, and confirmed to align with the trust's distribution provisions. Kelly Insurance Group places ILIT-owned policies from the outset, confirms that ownership and beneficiary designations match the trust language, and provides in-force illustrations for trustee reviews on an ongoing basis.
BUY-SELL AGREEMENT FUNDING — SIZED AND STRUCTURED TO THE AGREEMENT
A buy-sell agreement that specifies a purchase price and triggering events needs funding coverage that matches. Kelly Insurance Group reviews the agreement's provisions and places the life insurance funding — confirming that the policy ownership structure (cross-purchase vs. entity redemption), the death benefit amount, and the premium payment arrangement align with the agreement as drafted.
DIVORCE DECREE LIFE INSURANCE REQUIREMENTS — PLACEMENT AND CONFIRMATION
Divorce decrees that require one or both parties to maintain life insurance for the benefit of an ex-spouse or children need a specialist to place the coverage correctly and provide confirmation to all parties that the requirement is satisfied. Kelly Insurance Group places court-ordered life insurance and provides the attorney with written confirmation of coverage and assignment that satisfies the decree's documentation requirements.
EXPLORE MORE KELLY INSURANCE GROUP ADVISOR SUPPORT RESOURCES
FREQUENTLY ASKED QUESTIONS.
How does Kelly Insurance Group work with estate planning attorneys?
We serve as the life insurance component of the estate planning team — sizing and placing the coverage the estate plan calls for, confirming that ownership and beneficiary structures align with the trust documents, and providing ongoing policy management so the attorney does not need to monitor the life insurance program.
Can Kelly Insurance Group review an existing ILIT-owned policy for trustee compliance?
Yes. We request in-force illustrations, assess carrier financial strength, review policy performance against original projections, and provide a written trustee review report. The report documents the review process, identifies any performance concerns, and includes any recommended corrective action — suitable for the trustee's fiduciary record.
How quickly can you place life insurance for a commercial transaction closing?
We target 2 to 6 weeks for standard underwriting. For accelerated underwriting with eligible applicants, decisions can be made in days. For commercial closings with defined timelines, we begin the process as early as possible — often before the commitment letter is issued — to give underwriting the maximum available time.
What documentation does Kelly Insurance Group provide for divorce decree compliance?
We provide written confirmation of the policy in force — carrier, policy number, face amount, beneficiary, and effective date — and can provide confirmation of any collateral assignment or irrevocable beneficiary designation the decree specifies. We coordinate directly with the attorney and the opposing party's counsel as needed.
Does Kelly Insurance Group work with trust counsel on trustee policy reviews?
Yes. We coordinate with trust counsel on the review scope, timing, and documentation requirements, and provide a policy review report formatted for use in the trustee's fiduciary record and any trust accounting required by the trust document or applicable state law.
How does Kelly Insurance Group handle buy-sell funding coverage for different ownership structures?
For cross-purchase arrangements, we coordinate individual policies among the owners. For entity redemption arrangements, we place business-owned coverage on each owner. For hybrid structures, we confirm the specific triggering events and ownership arrangements with the attorney before placing coverage to ensure the policy structure matches the agreement's provisions.
READY TO GET STARTED?
MAKE KELLY INSURANCE GROUP YOUR LIFE INSURANCE SPECIALIST FOR COMPLEX CLIENT MATTERS.
Kelly Insurance Group provides specialist life insurance support for attorneys — ILIT placement, buy-sell funding, divorce decree coverage, and commercial collateral assignments — handled correctly and on the timeline the legal work requires.
The availability of coverage and eligibility for coverage can depend on numerous factors. We cannot guarantee that all customers, individuals, and businesses looking for coverage will be successful in these efforts when contacting our team. All policy coverages and terms need to be fully reviewed by the respective consumer to ensure the coverage asked for is what is specifically being quoted or provided by any insurance policy. Insurance Policies, Coverage Changes, and their terms and conditions are not bound or altered until written confirmation is provided by one of our licensed team members or underwriters. This page does not offer legal advice, legal opinions, or policy interpretations. Rather, this page is meant as a resource to help provide customers and insurance consumers with additional considerations that may help in their insurance buying or pursuit of insurance information. Kelly Insurance Group does not employ or direct attorneys.
FIND RELATED COVERAGE FAST
LOADING LIVE SITEMAP...
Disclaimer: Coverage availability and eligibility may depend on many factors, including underwriting review, carrier guidelines, policy terms, state requirements, business operations, risk characteristics, and other information provided during the application or quoting process. Kelly Insurance Group cannot guarantee that every individual, customer, organization, or business seeking coverage will qualify for, receive, or successfully place insurance coverage. All policy coverages, exclusions, conditions, limits, endorsements, and terms should be carefully reviewed by the consumer, insured, or applicant to confirm that the coverage requested is the coverage being quoted, offered, or provided. Insurance coverage, policy changes, endorsements, cancellations, and other policy terms are not bound, changed, confirmed, or altered unless and until written confirmation is provided by a licensed Kelly Insurance Group team member, the applicable insurance carrier, or an authorized underwriter. This page is provided for general informational purposes only and does not provide legal advice, legal opinions, insurance coverage opinions, or policy interpretations. Information on this page should not be relied upon as a substitute for reviewing the actual policy language or consulting appropriate professional advisors. Kelly Insurance Group does not employ, supervise, or direct attorneys.