Is life insurance an addition or an increase in value of a trust? 2 March at 1:35PM in Insurance & life assurance 1 reply 95 views

Johnsrogerson

If 9 year term life insurance policy is put into trust with a transfer value of nil.

On death of the insured and the payment into the trust of the death benefit.

Does the payout of the assured sum represent an addition or an increase in value to the trust?

Johnsrogerson

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Life Insurance into Trust