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Managing Trust-Owned Life Insurance

Managing Trust-Owned Life Insurance

In Part 1 of this article, published in the December 2011 issue of Trusts & Estates, I examined a lawyer's duty of care to trust beneficiaries and the current product considerations facing policyholders and carriers. Now, I turn my attention to Part 2, which provides suggestions for lawyers advising clients on different trustee management styles for life insurance trusts, particularly in light of

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