Question: 1 0 When using the proceeds of a segregated fund or life insurance policy on the death of the annuitant to fund a testamentary trust,

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When using the proceeds of a segregated fund or life insurance policy on the death of the annuitant to fund a testamentary trust, consider all of the following except:

Name the trust as beneficiary

Supply the insurer with proof of death

The proceeds need not be subject to probate or estate administration taxes and other fees

Consider all of the above as best practice steps

1 0 When using the proceeds of a segregated fund

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