What happens when the signers for an irrevocable trust are not the beneficeraries? Do they have the right to withhold funds from the beneficerary?
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What happens when the signers for an irrevocable trust are not the beneficeraries? Do they have the right to withhold funds from the beneficerary?
Not that I am aware of.
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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