Represented couple with the preparation of comprehensive estate plan, including irrevocable life insurance trust.  Husband and wife with one daughter and one wage earner desired to purchase large life insurance policy to compensate for lack of assets if wage earner died.  DeAngelis Legal reviewed alternatives with client and prepared a complex revocable trust and irrevocable life insurance trust (ILIT) to insure proceeds from life insurance policy were excluded from couple’s estate for estate tax purposes, but remained available for surviving spouse.