![Disadvantages of Putting Life Insurance in Trust Disadvantages of Putting Life Insurance in Trust](https://insurelifeinfo.com/wp-content/uploads/2024/09/Disadvantages-of-Putting-Life-Insurance-in-Trust-600x400.webp)
Disadvantages of Putting Life Insurance in Trust
Trusts are a popular way to manage life insurance, but disadvantages of putting life Insurance in trust are loss of control, tax implications, and hidden fees. Understanding Trusts and Life Insurance Before discussing disadvantages, let’s first clarify what a trust is and how it relates to life insurance. A trust is a legal arrangement where…