Category Archives: Life Insurance
What To Know About The Two Basic Kinds Of Life Insurance Beneficiaries
Most people who take out a life insurance policy are doing so to help protect their loved ones in the event that the primary policyholder passes away unexpectedly. This can be an important financial contribution to continue supporting your loved ones and it is imperative that you understand how the policy works. The policy… Read More »
Study Shows Americans Look at Trusts, Wills and Life Insurance In 2020
There are always good reasons to update an estate plan, such as big changes in laws impacting estate and gift taxes or changes in your personal life that warrant new beneficiaries. But world events or family events might also prompt you to rethink your strategies. As the coronavirus pandemic has made the topic of… Read More »
Do I Really Need Life Insurance Beneficiaries?
So you already have a life insurance policy in place as part of your estate plan- smart move. As part of your application and final policy approval process the company probably gave you a beneficiary form. This form is extremely important and should not be ignored. Even if you write in your will that… Read More »
Do You Still Need That Life Insurance Policy?
As retirees look towards possible longevity issues that could mean they are alive for 20 or 30 years after entering retirement. The determination of appropriate cash flow and what expenses you still need to pay is vitally important for your future. Without the support of an experienced estate planning lawyer and financial professional, you… Read More »
Less Costly Options Exist To Afford In-Home Care
While in-home care for elderly parents or other relatives may be a kinder approach than placing them in a nursing facility, it can also be a very pricy proposition. (Photo credit: Wikipedia) A recent Caring.com article offers some creative approaches to affording this option. “In general, pay rates in urban areas are higher than… Read More »