As the trust is irrevocable, the grantor should stop trying possession from the plan. Once the insured (grantor) dies, the trustee collects the proceeds and distributes them to your beneficiaries as instructed. This intention is formalized in a created document, often referred to as a Trust Agreement or even a https://legal-services-plan-trust49222.fare-blog.com/37660506/legalzoom-start-a-trust-fundamentals-explained