Life Insurance and Irrevocable Trusts

Categories: Insurance

Now that my husband and I have this huge mortgage for the next 24 years, we are looking to get life insurance. I have heard that it is better to set up an irrevocable trust for this purpose – to avoid paying huge estate taxes (we are both US citizens). Does anyone have any info on this, or could recommend a trust lawyer ? thanks

By crownheights2007 | 05/19/2008 2:37 PM