Assignment Of Trust Settlers/NGL

On part A of the new Settlers app,the last question is most often always no. If answered yes,you must check one of two boxes (FET or EPT).

Can someone tell me what FET and EPT means ?

Can you name a minor as a beneficiary ? If you did,and the insured passed on,would the policy proceeds go to the NGL trust and be administered to the beneficiary once they reached 18 years of age ?
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