If you carry a life insurance policy, it will be considered an investment and an asset and be included in your estate after your death. Because of this, the proceeds from that life insurance – the death benefit – can… Read More
Posts Tagged ‘life insurance trusts’
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Life Insurance Trusts: The Ins and Outs/Benefits
People create life insurance trusts because they want more control over their life insurance policies, ensuring that the payouts go to a designated beneficiary. This explanation may seem straightforward enough, but you deserve to know the ins and outs of… Read More