1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    To create a life insurance trust, you need to enlist the help of both a life insurance agent and a tax professional. They will help you create a life insurance policy that is owned by an irrevocable life insurance trust, and help you choose who to manage it. You need to use expert help because this cannot be undone.
    Answered on January 8, 2014
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