Should A Life Insurance Policy be put in a Trust?
Life insurance can indeed be placed in a trust. Here are several compelling reasons to consider this protection. 1. Minimizing Estate Taxes: 2. Avoiding Gift Tax Consequences: 3. Protecting Government Benefits: 4. Asset Protection: 5. Payout Control: 6. Legacy Planning: What is the Process of Placing Life Insurance in a Trust? Placing life insurance in a trust […]
