He opened it and turned the first page toward me.
THE MARGARET A. WHITMORE CARE TRUST
Established: September 9, 1999
Grantor: Robert J. Whitmore
Trustee: First Constitution Bank & Trust Company
Beneficiary: Margaret A. Whitmore
“Your husband set this up in 1999,” Mr. Fisk said. “The same year, he purchased a life insurance policy through his own company, Charter Oak Mutual. Policy number CO-4471209. Face value, three hundred and fifty thousand dollars. He named the trust as the beneficiary.”Get Marriage Tips
He turned another page.
“When Mr. Whitmore passed away in March of 2014, Charter Oak paid the full benefit to the trust. Three hundred and fifty thousand dollars. The money’s been invested here ever since, in a conservative portfolio, as his instructions required.”
He turned another page.
Current Market Value as of October 1: $611,480.22
Nobody in the room said anything.
Thomas leaned over my shoulder and read the number twice.
“Six hundred and eleven thousand dollars,” he said, very quietly.
