These documents are currently being revised to incorporate the changes made during the 2024 Legislative Session. Please consult the Sections Affected Table for changes made during the 2024 Legislative Session.
Use of trust funds for life insurance.
Subject to the standards of RCW
11.100.020, a fiduciary is authorized to use trust funds to acquire life insurance upon the life of any beneficiary or upon the life of another in whose life such beneficiary has an insurable interest.
NOTES:
Short title—Application—Purpose—Severability—1985 c 30: See RCW
11.02.900 through
11.02.903.
Severability—Effective dates—1984 c 149: See notes following RCW
11.02.005.
Insurable interest, guardian, trustee or other fiduciary: RCW
48.18.030(3)(c).