Tuesday, June 19, 2007

 

Lock Up Your Life Insurance In A Trust

Your heirs will surely welcome the proceeds from your life-insurance policy. But they probably won't be thrilled by the estate taxes they may have to pay on the death benefit. If your estate is likely to be subject to federal estate tax, you may want to consider stashing your policy in an irrevocable life-insurance trust.

Lock Up Your Life Insurance In A Trust
Source: Insurane News Net

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