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Originally Posted by troutman
Your Will would establish a trust for your minor children - your executor will have discretion to assist the guardians financially.
Arrange life insurance with your “estate” named as beneficiary, then the proceeds will form part of the trust.
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I don’t know about having the life insurance with “estate” as beneficiary. One of the main benefits of life insurance is that it goes to the beneficiary outside of the estate. That can be particularly important if the estate could face challenges or be held up in the process. Life insurance gives the beneficiary (or beneficiaries) liquidity, which might be important as well in those situations.