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An individual would make a irrevocable life insurance trust because:Why A.without such a trust a large life insurance policy could push the estate...

An individual would make a irrevocable life insurance trust because:Why


A.without such a trust a large life insurance policy could push the estate beyond the applicable exclusion amount


B.it would prevent the possibility of having to include the insurance proceeds in the estate if the policy was transferred within three years of death


C.an individual wants to borrow against a policy


D.A and B

Top Answer

In this case, the best option is A.without such a... View the full answer

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