February 13, 2017 – 12:00 pm
THE FACTS: I am trying to help my elderly parents organize their affairs. They want things to be as simple as possible for me when it comes time to handle their estates. My parents have wills and other advanced directives in place. THE QUESTIONS: Other than their wills, are there other documents or any types […]
March 20, 2014 – 10:58 am
The Facts: When I got married in 2000 my wife named me as the beneficiary on her life insurance policy. We were divorced two years ago. Our divorce settlement provides that my ex-spouse is required to continue paying her life insurance premiums and is prohibited from removing me as the beneficiary. I was told that […]
January 29, 2013 – 11:24 am
I cannot stress enough the importance of updating the beneficiary designation on your life insurance policy. So many people simply forget to change the designated beneficiary when they experience a death, marriage, divorce or other major life event. As a result, the insured’s intended beneficiaries have to fight for what the insured would have wanted […]
