Flexibility and Considerations for Changing Beneficiaries on Your Life Insurance
Life insurance is a powerful tool to ensure that your loved ones are taken care of financially after you’re gone. But as life evolves, so do our relationships and priorities. A common question we encounter is: “Can I change the beneficiaries on my life insurance whenever I want?” Our will and trust attorneys dive into […]
Leveraging Life Insurance for Your Estate Plan
One common misconception when it comes to estate planning is the belief that one must have significant assets to establish a comprehensive plan. As an estate lawyer, I’m here to tell you that this simply isn’t the case. In fact, life insurance can play a crucial role in your estate planning, even if your existing […]
Can the Nursing Home Take Your Loved One’s Life Insurance?
If you have a parent in a nursing home, you’re likely facing a lot of difficult decisions and stressful situations. It’s natural to feel overwhelmed, but it’s important to remember that you have options and resources available to you. One question that often comes up is whether the nursing home can take a loved one’s […]
5 Things Every Young Family Should Consider For Their Estate Plan
I am married to my incredible wife and the father of two beautiful daughters. They are my world and I want to make sure they are protected should anything happen to me. I am certain that your family means the world to you as well. Here are five things every young family should consider for […]
How to Properly Choose Beneficiaries
An essential part of estate planning is designating beneficiaries for your life insurance policy, 401(k), and other financial accounts. A beneficiary is a person who receives someone’s assets upon their death. There is no “correct choice” when choosing the beneficiaries who will inherit from you. It’s a personal decision. What must be handled “properly” however […]
How Does Life Insurance and Estate Planning Work Together?
At first thought, life insurance may not seem to have a bearing on how to dispose of your assets in your estate plan. However, life insurance can be an integral, indispensably important part of a well-thought-out estate plan. There are numerous other benefits to owning a life insurance policy aside from providing a large sum […]
Life Insurance Tips
The coronavirus pandemic has made us reevaluate our mortality, and consider if we were to perish, how our loved ones will be cared for. Life insurance can be an affordable way to provide for our children, a spouse, a sibling, aging parents, and other loved ones. Life insurance can provide heirs numerous benefits: extra income […]