![concept-piece-download-70089-afr-arbitrage](https://cdn.ashbrokerage.com/uploads/_960x600_crop_center-center_none/concept-piece-download-70089-afr-arbitrage.png)
High-net-worth clients who want significant amounts of trust-owned life insurance create potential estate tax exposure. In this case study, the individuals loaned the trust money, with the trustee investing loan proceeds and making annual premium payments on a large policy.