Form For Irrevocable Life Insurance Trust

• Category: Trusts - Irrevocable
• State: Multi-State
• Control #: US-01372BG
• Format: Word; Rich Text

Description Printable Irrevocable Trust Form

One principal advantage of insurance trusts is that they permit a greater flexibility in investment and distribution than may be effected under settlement options generally included in the policies themselves. Another advantage is that such trusts, like other gifts of insurance policies, may afford substantial estate tax savings.