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You may be right, what I basically do is show people that have money sitting in bank accounts and (or) taking RMD’s how they can move some of that money into a life insurance policy ( owned by a trust) to maximize the the amount the beneficiaries receive.
Are you still suggesting a trust to own the life insurance as much today as in the past? With the current estate tax exemption & automatically doubling of the exemption for a spouse, I would be curious as to why you are suggesting a trust own it. I assume you are talking about an ILIT. Just curious if the cost to administer the trust annually & costs to issue crummy letters are worth it if the person doesnt face an estate tax.
Or do you have another reason for suggesting the life insurance be trust owned?