We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Life insurance
FrozenAir
Posts: 4 Newbie
Hi,
after applying for bankruptcy, I paid a fee and bought back my life insurance.
Would it now be possible (less than a year later) to place the life insurance in trust? So that it goes to someone who is not my husband (estranged, but not divorced yet)? I'd like the money to go to my sister, and my chldren.
Is there a rule about placing it in trust before discharge?
0
Comments
-
No, you’ve bought it back so you can do with it as you wish.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.1K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards