https://www.rassmanlaw.com Carlsbad Probate, Estate Planning and Business Law Fri, 20 May 2022 19:22:16 +0000 en-US hourly 1 https://www.rassmanlaw.com/wp-content/uploads/2018/12/Rassman-Law-Square-Logo-Black-150x150.png https://www.rassmanlaw.com 32 32 https://www.rassmanlaw.com/can-i-name-my-trust-as-beneficiary-of-my-life-insurance/ https://www.rassmanlaw.com/can-i-name-my-trust-as-beneficiary-of-my-life-insurance/#respond Fri, 28 Dec 2018 00:54:54 +0000 http://probatelawcarlsbad.com/?p=6779 As provided above, it is generally not advisable to transfer (re-title in the name of the Trust) life insurance policies to Trust.  By doing so, you may subject the proceeds from such policy on your death to creditor claims.  Under certain circumstances, however, it may be advisable to name the Trust as a beneficiary on such policy.  For example, if you have minor children and wish to ensure that on your death such children cannot have unlimited access to the death proceeds, provided your Trust is structured properly, you can name your Trust as the beneficiary on life insurance policies

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