Can I put my life insurance policy into a trust? | NC

About this video

Q: Can I put my life insurance policy into a trust, and what does that actually change? A: Yes — usually you can. What changes most is control. If the trust becomes the policy owner, the trustee usually controls the policy rights, including premium payments, beneficiary changes if the trust allows them, and any loan against cash value. If the trust is only named as beneficiary, you may still…