In simple terms, life insurance pays an agreed sum of money to people you choose (your beneficiaries) if you die while the policy is in force. You must pay a monthly premium for this. How much you ...
For Floridians, whose average property insurance bills are the highest in the country, it might be hard to believe that the formula determining their costs depends on more than bad luck.
In other words, the money goes where it is supposed to, rather than into the hands of the taxman. Perhaps the greatest advantage of putting life insurance in a trust is that the beneficiaries will get ...