Life Insurance Trusts

Kathryn A. Ballsun (trust attorney in Los Angeles, California), Patrick J. Collins (principal in the Independent Investment Counsel firm of Schultz Collins Lawson Chambers, Inc. in San Francisco), and Dieter Jurkat (director of information technology and senior actuarial consultant for Firemans Fund Insurance Company in San Raphael, California) have recently published their article entitled Trustee Administration of Life Insurance (Part 1 of 4), 31 ACTEC J. 280 (2006).  “This first part discusses the duties of trustees under different models for administering an irrevocable life insurance trust.”