The policy could either provide additional income for a surviving spouse or leave money for other heirs or dependents. (trustedchoice.com)
However, trying to pass your wealth along to your children or other heirs without the federal government grabbing a slice has become especially complicated. (rocketlawyer.com)
The borrowed funds are often used to pay off other heirs when dividing ownership or to settle debt obligations of the estate or trust. (northcoastfinancialinc.com)