Read more: How does life insurance work? Term Life Insurance Term life is the most popular type of insurance that individuals buy. As its name suggests, you can buy this coverage in terms. All companies are different, but most offer terms of 10, 15, 20, 25, and 30 years. Once the ...
So that’s kind of what a beneficiary-controlled trust is and that protects like your beneficiaries. It does not protect you so that’s where this person brings up a domestic asset protection trust. I’m not a big fan of these these are base...