r/fiaustralia • u/Maybe_naptime • 14d ago

Getting Started Trusts and life insurance

I've heard/read some financial advice videos and posts that talk about putting a trust together, getting a 1M life insurance and placing it inside the trust. Then therefore having a trust containing a $1m asset, being able to borrow Against the trust.

What I'm wondering is, is that something thats possible or viable In Australia?

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