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Financial Planning / Tax Strategies


Subject:  Insurance Trust & Taxes Date:  4/17/2000  3:16 PM
Author:  vlperk Number:  34581 of 124773

I recently set up an life insurance trust, and placed three life insurance policies in the trust. With regard to income tax on the trust, is the value of the life insurance policies considered income for the trust?

I will appreciate anyone's advice.

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