Can Life Insurance Go To A Trust? 
If you mean an irrevocable life insurance trust -LRB- ILIT -RRB- and the an existing life insurance policy , then the answer is yes , but the three year rule applies , which basically states that if death occurs within three years of the policy being placed inside the trust , it will be added back into the estate to cover what the service believes is contemplation of death . You can use an ILIT to own the life insurance policy if the ILIT is created and dated before the policy issuance date , thus the ILIT is the policy owner . 