Why Should I Put My Life Insurance In Trust?

  1. 12689 POINTS
    Ted Ratliff
    Owner, SFS Associates,
    There are a number of reasons, depending on the type of Trust.  Some Trusts help protect the funds from Medicaid fro example.  There are also tax and estate considerations.  Whether to put the insurance in a Trust depends on your individual circumstances and requires the advice of a good agent or planner to help determine the advantages to you and the type of Trust you should use.
    Answered on June 22, 2013
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