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Kiplinger
Kiplinger
Business
Marguerite Weese, JD, LL.M.

I'm Embarrassed to Ask: What Is a Life Insurance Trust?

Insurance Wilmington Trust Inheritance Tax Building Wealth
An older man has his hand on the side of his face and head tilted like he's embarrassed to be asking.

Editor's note: This is the first article in a series about financial and/or estate planning issues that we all should know but might be too embarrassed to ask about. First up: life insurance trusts.

As a lifelong baseball fan, I have always appreciated knowing that certain players — Hank Aaron, Cal Ripken and Joe DiMaggio, for example — held some amazing records.

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