Insurance trusts control timing, use of funds upon death

An insurance trust is a good mechanism for controlling the use and timing of life insurance proceeds following the death of the insured, Toronto wills and estates lawyer Lisa Laredo tells AdvocateDaily.com.

Establishing an insurance trust in your will directs life insurance proceeds to be paid to a trustee who then receives and administers the funds to a beneficiary, particularly if they are under the age of majority.

Full article can be found at http://www.advocatedaily.com/lisa-laredo-insurance-trusts-control-timing-use-of-funds-upon-death.html

By | 2018-05-30T22:20:15+00:00 April 24th, 2018|

About the Author:

Lisa Laredo
Lisa Laredo is a Toronto-based wills & estates, real estate, and commercial lawyer. At Laredo Law, we have the experience and expertise to create the legal structures that will serve your business now and into the future.