Life insurance policies held in an irrevocable trust provide a death benefit that is income tax-free and state tax-free.

Authors

• Person: Not available Organization: U.S. Bank
  Why is insurance important in financial planning? | U.S. Bank

Sources

• Why is insurance important in financial planning? | U.S. Bank www.usbank.com U.S. Bank via serper

Referenced by nodes (2)

• death benefit concept
• life insurance policy concept