Because the trust is irrevocable, the grantor must quit ownership of your plan. When the insured (grantor) dies, the trustee collects the proceeds and distributes them to your beneficiaries as instructed. What to keep in mind: After an irrevocable trust is created, the assets are now not yours. Plan carefully https://franciscokorpj.actoblog.com/38192119/5-essential-elements-for-law-order-trust