Sentences with phrase «irrevocable life insurance trusts designate»
This issue should be considered, especially where irrevocable life insurance trusts designate beneficiaries who are also successors in a family business.
https://www.insuranceandestates.com/ Not exact matches
The irrevocable life insurance trust agreement includes the terms of the trust AND designates certain younger beneficiaries to receive the trust assets upon death.
By designating an irrevocable trust to hold the private placement life insurance, assets can grow outside of the taxable estate.
The irrevocable life insurance trust agreement includes the terms of the trust AND designates certain younger beneficiaries to receive the trust assets upon death.
Another option is to set up an irrevocable life insurance trust and designate it as your policy's primary beneficiary.