Re: Withdrawal rights and life insurance trust
I was the beneficiary of an irrevocable life insurance trust but after several months, signed an amended trust dissolving my status as beneficiary.
My question: when the first policy payment was made, I was the beneficiary and it is my understanding that I should have received a letter notifying me of my withdrawal rights. Am I correct?
I was the beneficiary of an irrevocable life insurance trust but after several months, signed an amended trust dissolving my status as beneficiary.
My question: when the first policy payment was made, I was the beneficiary and it is my understanding that I should have received a letter notifying me of my withdrawal rights. Am I correct?