How can I arrange for my life insurance to be automaticaly put in a trust for my kids?
922696
First you would have to establish a trust account for each of the children. The trust documents would spell out the terms. You would need to appoint a trustee for each account. The same person or institution can be named as trustee for each account. Finally, you would name the trust as the primary beneficiary of the insurance policy.\n\nThere may be better ways to do this, so you might want to talk to an attorney or estate planner.
228134
If its the best option go for it, your parents will take care of them well so you wont have any trust issues, the only problem would be that you will not see your children.
1117151
That depends on what state you live in and how many children you have.  Try www.cirs.org  they may be able to help
277764
Paralegals are wonderful people.  But they don't have the judgment to help you decide what sort of living trust you might need.  Advising a client about trusts and drafting that trust really should be left to a lawyer in most cases.  You should find a lawyer who has knowledge and depth in estate planning and possibly income taxes too, depending on the size of your estate.  Check your local bar association for referrals.  Or look at www.findlaw.com for attorneys who specialize in these areas.  You want an attorney from your state and hopefully within a reasonable distance of your home.  Look for someone who practices at or near your county seat since that will be the location of the probate court serving your area.
398623
http://www.princes-trust.org.uk/ can help.
250227
One way would be to set yourself up with a General Agent. I use Bisys for this. Go to www.bisysinsurance.com for more info.
1186412
Contact your trustee.  They must first set up your account, then they will give you sign-on instructions.
231793
I think that you should contact a law office that specializes in Wills, Trusts, and Estates Law and seek a free consultation to see if they may be able to make a case for you or make a referral to what should be the next move. Good Luck...and keep the fire to inquire!
1075100
contact a insurance agent.\n\nlol
896048
Pre-Paid Legal is the way to go for sure. Have a will, a living will/ health care directives, etc. Plus a whole lot more.\n\nhttp://www.getprotectedhere.com
797676
If you are talking about unit linked plans almost all the life insurerers have such a scheme. contact any one of them.
568968
IT DEPENDS ON YOUR POSITION. IF YOUR A FAMILY MEMBER IT SHOULD BE FAIRLY EASY TO SPEAK WITH THE FAMILIES ATTORNEY AND GET THE INFORMATION. IF YOU DON'T HAVE A VESTED INTEREST IT MAY BE A LITTLE MORE CHALLENGING, THESE TRUSTS ARE RECORDED BUT AREN'T GENERALLY A MATTER OF PUBLIC RECORD. IT WOULD PROBABLY BE WISE TO DISCUSS W/AN ATTY. IF YOU HAVE A GENUINE NEED TO KNOW A JUDGE COULD GRANT A REQUEST TO PROVIDE INFORMATION TO YOU.
864091
My suggestion is to speak with your local, large financial planning corporation, like, American Express, or Farmers insurance. They may be able to refer you to an estate planning lawyer that's near you.
197680
You can put anything you own into a revocable trust EXCEPT IRA's and 401k"s and sometimes insurance limitations preclude placing autos in trusts. You are going to place your capital gain into a bank account, CD, brokerage account, another house or somewhere.  Wherever that capital gain goes that account can be included in your revocable trust.
1008504
a temporary trust bank acount but it would be wise to get a bank acount in the future
855191
IRA's are only for wage earners, so unless your children have jobs, you can't open one.\n\nWhat you can do is open a broker account (Charles Schwab, Scott and Co., Merrill Lynch, and the like)for each child - Uniform Gift to Minors Account - and invest in high yield money market funds paying close to 8% versus CD's which pay 3-4%. You can make such contributions on a regular basis, or as circumstances permit. There is no set amount or timetable. \n\nThe earned dividends are not taxable to them until it amounts to $600 per year (check with the broker, I'm not sure of the amount.)\nAt age 18, the account belongs to the children and should be converted to their names.
177462
you most certainly want to receive the house after death. you get a stepped up tax basis. you should have your parents set up a living trust to avoid probate.\n\nsee an estate planning attorney.. the tax savings can be very LARGE>