Can I Create a Trust with Insurance Proceeds? Smart Wealth Transfer Strategies
šļøĀ Using Insurance Proceeds to Fund a Trust: Key Concepts Yes, you can absolutely create a trust with insurance proceeds. This advanced strategy combines the benefits of: ā Ā InsuranceĀ (Tax-free payouts under Section 10(10D)) ā Ā TrustsĀ (Controlled distributions, probate avoidance) How It Works Diagram Code (Common for life insurance, but also works with health insurance critical illness payouts) š”Ā 3 Ways … Read more