Legal Question in Wills and Trusts in Florida
who can change beneficiaries of a life insurance policy if it is an asset of the trust
Asked on 7/03/14, 7:30 am
2 Answers from Attorneys
Barry Stein
De Cardenas, Freixas, Stein & Zachary
depends on what the trust and policy provide. they both need to be reviewed.
Answered on 7/03/14, 8:39 am
Joseph Pippen
Law Office of Joseph Pippen & Associates
If the trust owns the policy-it most likely is the trustee but the trust could be irrevocable or have restrictions-so-it needs to be reviewed.
Answered on 7/03/14, 3:36 pm