How Do You Write Life Insurance In A Trust? 
Generally speaking , life insurance that is being considered as a funding product for a trust is generally attempting to keep the life insurance proceeds from federal and/or state estate taxation . An Irrevocable Life Insurance Trust -LRB- ILIT -RRB- is set up by an attorney making the ownership of the life insurance policy the ILIT . Consult an estate tax attorney before moving forward with asset ownership issue like life insurance . 