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insurance trust definition

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life insurance trust | LII / Legal Information Institute
Definition from Nolo's Plain-English Law Dictionary. A trust set up to own a life insurance policy, so that the policy proceeds arent subject to estate tax when the .
http://www.law.cornell.edu/wex/life_insurance_trust


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Insurance trust - Definition and More from the Free Merriam-Webster ...
About Our Definitions: All forms of a word (noun, verb, etc.) are now displayed on one page. 2 ENTRIES FOUND: insurance trust · unfunded life insurance trust .
http://www.merriam-webster.com/dictionary/insurance%20trust


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Insurance Trust Definition | Investopedia
An irrevocable trust set up with a life insurance policy as the asset, allowing the grantor of the policy to exempt asset away from his or her taxable estate.
http://www.investopedia.com/terms/i/insurance_trust.asp


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Life Insurance Trust | Nolo's Free Dictionary of Law Terms and Legal ...
A trust set up to own a life insurance policy, so that the policy proceeds arent subject to estate tax when the original policy owner dies. Life insurance trusts are .
http://www.nolo.com/dictionary/life-insurance-trust-term.html


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Crummey trust - Wikipedia, the free encyclopedia
This way additional gifts and beneficiaries can be taken advantage of to fund the life insurance trust. If executed properly the beneficiaries will receive the .
http://en.wikipedia.org/wiki/Crummey_trust


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Definition of an Irrevocable Life Insurance Trust | eHow.com
Definition of an Irrevocable Life Insurance Trust. An irrevocable life insurance trust, commonly known as an ILIT, is an effective estate planning tool. An ILIT has .
http://www.ehow.com/about_6618002_definition-irrevocable-life-insurance-trust.html


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Life Insurance Trust Policy (Health Care) Law & Legal Definition
A life insurance trust is a type of life insurance policy in which an irrevocable, non -amendable trust company is named as the owner and beneficiary of one or .
http://definitions.uslegal.com/l/life-insurance-trust-policy-health-care/


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irrevocable life insurance trust - Invest Definition
irrevocable life insurance trust definition: A trust that pays estate taxes out of the proceeds of a life insurance policy. An irrevocable life insurance trust is created .
http://invest.yourdictionary.com/irrevocable-life-insurance-trust


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Life Insurance Trust Law & Legal Definition
An irrevocable trust created during the lifetime of a trustor to hold his/her life insurance policy as trust property, and thus exclude its proceeds from the taxable .
http://definitions.uslegal.com/l/life-insurance-trust/


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Life insurance trust: Definition from Answers.com
Life Insurance Trust Agreement establishing a trust for the named beneficiary under a life insurance policy.
http://www.answers.com/topic/life-insurance-trust-1


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Irrevocable Life Insurance Trust – Avoiding The Estate Tax Through ...
Such an irrevocable life insurance trust, by definition, is unchangeable - a key drawback of its establishment. Yet an ILIT's potential enormous estate tax savings , .
http://retireplan.about.com/od/alreadyinretirement/a/ilit.htm


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What is life insurance trust? definition and meaning
Definition of life insurance trust: Irrevocable trust created during the lifetime of a trustor to hold his or her life insurance policy as trust property, and thus exclude .
http://www.businessdictionary.com/definition/life-insurance-trust.html


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Insurance Trust financial definition of Insurance Trust. Insurance ...
An irrevocable trust set up by a policyholder in which he/she places his/her life insurance policy. This removes the policy from the policyholder's estate, shielding .
http://financial-dictionary.thefreedictionary.com/Insurance+Trust


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Unfunded life insurance trust - Definition and More from the Free ...
unfunded life insurance trust. About Our Definitions: All forms of a word (noun, verb, etc.) are now displayed on one page.
http://www.merriam-webster.com/dictionary/unfunded%20life%20insurance%20trust


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Irrevocable Life Insurance Trust: Definition from Answers.com
Irrevocable Life Insurance Trust estate planning device used so that any life insurance policies that are owned by and paid to the trust will avoid estate.
http://www.answers.com/topic/irrevocable-life-insurance-trust


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Life Insurance Trust definition
Life Insurance Trust definition. A Life Insurance Trust must be an irrevocable trust, into which a life insurance policy has been transferred. If the policy has been .
http://www.trustplanning.com/trust-and-estate-definitions/life-insurance-trust.html


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What is Old-Age and Survivors Insurance Trust Fund? definition and ...
Definition of Old-Age and Survivors Insurance Trust Fund: An account included in the Social Security Trust Fund which pays benefits to retired workers, their .
http://www.investorwords.com/17385/Old_Age_and_Survivors_Insurance_Trust_Fund.html


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Stop-Loss Excess Insurance - Self-Insurance Institute of America, Inc.
A. Frequently, stop-loss coverage is written through a trust. Under a conventional group insurance arrangement, the policy is issued to the employer. With a trust .
http://www.siia.org/i4a/pages/Index.cfm?pageID=4549


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Classification Manual - Chapter 11: Social Insurance Trust Systems
To be categorized as a social insurance trust for Census Bureau purposes, a government's .
http://www.census.gov/govs/www/class_ch11.html


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Irrevocable Life Insurance Trust financial definition of Irrevocable ...
An irrevocable trust set up by a policyholder in which he/she places his/her life insurance policy. This removes the policy from the policyholder's estate, shielding .
http://financial-dictionary.thefreedictionary.com/Irrevocable+Life+Insurance+Trust


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Texas Penal Code: Title 7. Offenses Against Property
1999 Texas Penal Code Title 7. Offenses Against Property. Chapter 28. Arson, Criminal Mischief, and Other Property Damage or Destruction. 28.01. Definitions .
http://www.bakers-legal-pages.com/pc/pct07.htm


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NEA - NEA Members Insurance Trust
IT IS PROVIDED BY THE NEA MEMBERS INSURANCE TRUST (“NEA MIT”) AT . are defined later in this Description under the section labeled “DEFINITIONS.
http://www.nea.org/home/16544.htm


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Life Insurance Trust - Definition of the Insurance Term Life Insurance ...
Life Insurance Trust - A type of life insurance policy where a trust company is named as the beneficiary and distributes the proceeds of the policy under the terms .
http://www.online-health-insurance.com/health-insurance-resources/dictionary/life-insurance-trust.htm


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PART 317 – GROUP SELF-INSURANCE
§317.1 Statement of Purpose; §317.2 Definitions; §317.3 Qualification to Operate . "Group self-insurer," "employer group," "group," or "self-insurance trust," shall .
http://www.wcb.ny.gov/content/main/SelfInsureds/Part317.jsp


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insurance trust agreement definition
Insurance Trust Definition | Investopedia An irrevocable trust set up with a life insurance policy as the asset, allowing the grantor of the policy to exempt asset .
http://kucymijesy.github.com/insurance-trust-agreement-definition.html


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The Trust | Insurance Glossary (terms and definitions)
Office Insurance · Group Term Life · Long Term Care Insurance .
http://www.apait.org/apait/resources/definitions/


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Taxes and State Revenue
For specifics on census bureau category definitions please see the 2006 Government Finance and Employment Classification. Manual. 2 Insurance trust .
http://www.ncsl.org/documents/fiscal/TaxesandStateRevenue.pdf


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Disability Insurance Trust Fund Definition | Investopedia
The Disability Insurance Trust Fund receives deposits from FICA considered to be over and above the amount needed for day-to-day operations of disability .
http://www.investopedia.com/terms/d/disability-insurance-trust-fund.asp


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Secular Trust - Definition of the Insurance Term Secular Trust
Secular Trust - An irrevocable trust that provides for current taxation of deferred compensation assets and a degree of security in an informally funded plan.
https://www.online-health-insurance.com/health-insurance-resources/dictionary/secular-trust.htm


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Financial Dictionary Definition: Bond Rating Table
Financial Dictionary Definition: Life Insurance Trust.
http://www.atlanticfinancial.com/dictionary/bond-rating.htm


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