Home
E-Mail
Latest

Life Insurance Trust at Law Glossary

What is it? A trust that has an individuals life insurance policy as its principal asset.

Legal Definition Added By: Lauren

The Life Insurance Trust definition has been viewed 557 Time(s)!




Send To Friends!

If you'd like to send the Life Insurance Trust definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -





We hope you now understand the meaning of Life Insurance Trust. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Law Terms:

Legal Term ESTABLISHMENT CLAUSE is Portion of the First Amendment to the U.S. Constituion that prohibits government from establishing a religion.

Legal Term connivance is The act of ignoring a wrongdoers criminal or otherwise illegal conduct.

Legal Term Warrant is A written order directing the arrest of a party. A search warrant orders that a specific location be searched for items, which if found, can be used in court as evidence.

Legal Term concealed weapon is one that is carried on or near ones person and is not discernible by ordinary observation.

Legal Term Interpleader is A claim by a third party to ownership of goods levied upon under a warrant of execution which is disputed by a creditor. The Court then issues an interpleader summons for the parties to attend Court to adjudicate on rightful ownership