"It's low-hanging fruit. It succeeds in removing the insurance from the estate. It does not deprive anybody of access to anything," said Robert Strauss, partner at the law firm Weinstock Manion.
"Historically, if an individual had a special friend that they wanted to benefit, life insurance inside the trust was one of the ways you could 'take care of' that obligation," said Dan Griffith, the director of wealth strategy at Huntington Bank.
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