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The trustee must be a mentally competent adult and can be anyone the grantor trusts and who has accepted the responsibility of handling the trust account.Depending on the sort of policy you have,your policy might lapse as soon as you miss your annual premium payment.Wildomar Probate Law To help you understand the function of an

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A long as your premium payment follows the “gifting” guidelines,as explained below,there will be no gift taxes incurred by either you or your beneficiaries.concern. This type of policy pays out a death benefit only after both partners have passed away.The outcome is that,if your spouse is not a U.Wildomar Probate Law It also means ensuring

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