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-   -   Irrevocable life insurance (https://www.askmehelpdesk.com/showthread.php?t=594239)

  • Aug 23, 2011, 09:51 PM
    lisfish
    Irrevocable life insurance
    What happens when the signers for an irrevocable trust are not the beneficeraries? Do they have the right to withhold funds from the beneficerary?
  • Aug 27, 2011, 03:23 PM
    twinkiedooter
    Not that I am aware of.
  • Aug 27, 2011, 04:46 PM
    Fr_Chuck
    No, the signers only sign because they have or had an interest in the policy.

    Next the funds will not go to them anyway, ( or should not if they are not the beneficiary) the insurance company pays the beneficiary directly.

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