AbstractIn this paper we define (special) GLIT classes and (special) GLIT algebras. We prove that GLIT algebras, which generalise Lat-Igusa-Todorov algebras, satisfy the finitistic dimension conjecture and give several properties and examples. In addition we show that special GLIT algebras are exactly those that have finite finitistic dimension. Lastly we study Morita algebras arising from a Morita context and give conditions for them to be (special) GLIT in terms of the algebras and bimodules used in their definition. As a consequence we obtain simple conditions for a triangular matrix algebra to be (special) GLIT and also prove that the tensor product of a GLIT $$\mathbb {K}$$ K -algebra with a path algebra of a finite quiver without oriented cycles is GLIT.