What A TOLI Trustee Can Learn from Existing Court Cases – Part 2

In our last post, we reviewed three court cases that guide TOLI trustees dealing with the liability that managing life insurance brings.  In this post, we will review three more cases that will add to that guidance. French, et al. v. Wachovia Bank N.A. The Wachovia case grew out of a policy replacement that generated a large commission for Wachovia’s insurance affiliate and centered on [...]