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Insurance Trusts

jX0Ppze-e1725866251482[1]

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An insurance trust is an irrevocable legal entity that holds the proceeds of a life insurance policy. It is owned by a trustee, who invests the insurance proceeds and manages the trust on behalf of the beneficiaries. Life insurance policies usually fund trusts, but there are also ways to create insurance trusts without using a trustee. Below are some benefits of using a trust to manage your life insurance policy.

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Listing ID: 98666e13481165d3

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