Life Insurance Trust
A trust which is owner and beneficiary of one or more life insurance policies. Upon the death of the insured, the trustee invests the insurance proceeds and administers the trust to the benefit of the trust beneficiaries.
A trust which is owner and beneficiary of one or more life insurance policies. Upon the death of the insured, the trustee invests the insurance proceeds and administers the trust to the benefit of the trust beneficiaries.