Why might an heir be happier to be the death beneficiary of a $5,000,000 life insurance policy held by an Irrevocable Life Insurance Trust, instead of being named to receive shares of stock valued at $5,000,000 from the decedent's estate? Because, unlike the ILIT, the shares of stock will create capital gains tax liability at death Because, unlike the ILIT, the shares of stock will create income tax liability at death Because the ILIT life insurance death benefit can pass to the heir without the payment of estate taxes Because the ILIT can be funded without consideration of gift tax implications Because the potential post-death appreciation is higher for the ILIT distribution