Two large haredi settlements, Betar Ilit and Modi'in Ilit, are situated, by order of the rabbis, just over the 1967 border, on land that would probably be annexed to Israel in a negotiated peace with the Palestinians.
Even really common planning techniques, like an irrevocable life insurance trust ("ILIT"), are subject to uncertainty.
An ILIT is an irrevocable trust designed to own life insurance.
ILITs are a great vehicle for holding insurance you need anyway.
If this applied to all trusts after enactment, the results could eliminate the common Irrevocable Life Insurance Trust ("ILIT") which has been ubiquitous in estate plans.
The complete list of artists for the launch are as follows: Ilit Azoulay, Helen Benigson, David Blandy, Matt Copson, Ed Fornieles, Leo Gabin, Daniel Keller & Martti Kalliala, Lina Lapelyte, Rachel Maclean, Florian Meisenberg, Takeshi Murata, Hannah Perry, Jon Rafman, Charles Richardson, Amalia Ulman, Stephen Vitiello, and Chloe Wise.
About 100,000 of them are ultra-Orthodox Jews who live in Beitar Ilit and Modin Ilit, two burgeoning settlements near the 1967 line.Under Mr Mitchell's prodding, Mr Netanyahu did agree to stop building in the West Bank settlements, for at least six months, with schools and other public buildings excluded.
BEITAR ILIT, West Bank — Boulders the size of compact cars are carved out here at a vast quarry near Bethlehem and pushed noisily through grinders, producing gravel and sand that go into apartment buildings in this rapidly growing Israeli settlement and all across Israel itself.
The aged rabbi also wants to be sure that as soon as the 90 days are up, building can resume in the two largest settlements, Beitar and Modiin Ilit, both sprawling Orthodox communities close to Jerusalem, just across the 1967 border.The Palestinians, who closely follow this haggle, had been balking.
You might discuss with your advisers getting that ILIT you've always wanted (it is on your bucket list, right?) in place in case existing trusts are grandfathered (i.e., exempted from the new change).
