Washington § 48.18.450 - Life insurance payable to trustee named as beneficiary in the policy.

Full text of Washington Revised Code of Washington § 48.18.450 — Life insurance payable to trustee named as beneficiary in the policy., with citation guidance and answers to common questions.

§ 48.18.450. Life insurance payable to trustee named as beneficiary in the policy.

Life insurance may be made payable to a trustee to be named as beneficiary in the policy and the proceeds of such insurance paid to such trustee shall be held and disposed of by the trustee as provided in a trust agreement or declaration of trust made by the insured during his or her lifetime. It shall not be necessary to the validity of any such trust agreement or declaration of trust that it have a trust corpus other than the right of the trustee to receive such insurance proceeds as beneficiary, and any such trustee may also receive assets, other than insurance proceeds, by testamentary disposition and administer them according to the terms of the trust agreement or declaration of trust as they exist at the death of the testator.
[ 2009 c 549 s 7077; 1963 c 227 s 1.]

Source: official Washington text · Last verified 2026-08-27

Frequently Asked Questions About Washington § 48.18.450

What does Revised Code of Washington § 48.18.450 cover?

Section 48.18.450 ("Life insurance payable to trustee named as beneficiary in the policy.") is part of the Revised Code of Washington, the codified statutory law of Washington. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Washington § 48.18.450?

A common citation format is "Revised Code of Washington § 48.18.450" (Washington). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

How does Washington § 48.18.450 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Washington can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Washington.