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Facts About plans & trusts Revealed

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Since the trust is irrevocable, the grantor should throw in the towel ownership with the policy. Once the insured (grantor) dies, the trustee collects the proceeds and distributes them into the beneficiaries as instructed. A living trust is revocable, so you can alter or revoke it for the duration of https://devindqalv.bloggerchest.com/37371362/a-secret-weapon-for-legal-and-general-for-advisers-trust-form

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