Why Write Life Insurance In Trust?

  1. 37376 POINTS
    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    A trust is a legal entity.  A trust can be flexible.    A beneficiary designation is rigid.   A trust can be charged with a variety of tasks.  Your estate plan might call for unique handling of insurance proceeds, such as caring for a handicapped child, which will require discretion.  The trustee that administers the proceeds can make important decisions after the insured has passed.
    Answered on April 29, 2014
    flag this answer
    2. Did you find these answers helpful?
    Yes
    No
    Go!

Add Your Answer To This Question

You must be logged in to add your answer.


<< Previous Question
Questions Home
Next Question >>