Sentences with phrase «how irrevocable life insurance trusts»
To learn more about how irrevocable life insurance trusts work, see our guide and calculator for estate planning.
https://www.jrcinsurancegroup.com/ Not exact matches
An irrevocable life insurance trust enables you to decide who, when, and how your life insurance policy is paid out.
They require a competent attorney to put them together and provide you complete instructions on how to integrate your irrevocable life insurance trust with your life insurance policy.
My second is that it is covered in an article I recently came across in Investment News, which discusses how these cash value or universal life insurance policies (for the purpose of this blog post, the two are basically the same) were used by estate planning attorneys to fund irrevocable life insurance trusts to help alleviate estate tax obligations.
How Do I Create an Irrevocable Life Insurance Trust?