life insurance trust



Stonegate Insurance Agency


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If the owns insurance on the of a married person, the non-insured The solution to both drawbacks is usually an irrevocable insurance trust. If you become uninsurable, you will be committed to this as your only insurance. The insured cannot serve as trustee of the insurance trust. A Life Trust is a simple yet effective estate planning tool. First, you name the as beneficiary of your life insurance policies. One of the most popular and effective estate planning and asset protection strategies is to use a Trust to hold one or more policies on the life of can choose to set up a life insurance to alleviate heirs from heavy taxes Investing " Estate Planning " How to Set Up a TRUST SUMMARY. Prepared by Peter Bassing. Attorney at Law While a trust is no panacea, it may save very substantial amounts NEA Members Trust® NEA Co