Trust Beneficiary

If the proceeds of life insurance are used to fund a credit shelter trust, the beneficiary designation should result in the death benefit payable to whom?

The beneficiary designation of life insurance is the trust of credit shelter. The beneficiaries of the trust credit shelter are children, married couples.

A trust free credit allows married to an active investor in real estate tax shelter. Here's how this works: When the investor's death, the assets specified in the trust agreement (up to a maximum amount specified) are transferred, the property-tax-free to beneficiaries designated in the trust ( Normally the couple's children). A major advantage of this type of trust is that the spouse retains the rights to the assets of the trust and the income they generate for the rest of his life. There is no property tax on the assets transferred to the trust and the property tax exemption mentioned above is preserved ...

PS You should seek professional advice in the establishment of this or any other trust

Trust.

The owner and the beneficiary should be trust and the property must be irrevocable. The payer is that the person who pays must be on the policy as.