A life insurance beneficiary can be a person, entity or organization you choose to receive the death benefit from your life insurance policy after you pass away. Once your beneficiary receives the ...

Have you designated a life insurance beneficiary? Providing for loved ones upon your death remains a priority for many people. That’s why it’s important to choose beneficiaries. Failure to do so could ...

If your life insurance beneficiary dies before you, the payout may go to a contingent beneficiary or your estate, depending on how you set up the policy. You can choose how death benefits are ...

When a loved one dies and you know you’re the beneficiary of their life insurance policy, getting the payout is typically ...

One of the biggest myths and misconceptions of estate planning is that a will controls the disposition of all one’s assets at death. This is not the case. Failing to distinguish the difference between ...

Your clients’ beneficiary designations are probably wrong. Not because they made bad decisions, but because they made them once and never looked again. Life changed. Their estate plan changed. The Tax ...

To grasp why updating your life insurance and 401(k) beneficiaries is essential, you must first understand what a beneficiary is. A beneficiary is a person or entity designated to receive assets from ...

Most people know that if you have life insurance, you need to name a beneficiary—the person or entity that receives the payout. For most of us, that’s the beginning and end of our relationship with ...

Life insurance is a policy designed to financially protect your loved ones in the event of your death. Insurance companies pay a set amount of money, called the death benefit, to a designated ...

Life insurance works by providing a financial safety net for your loved ones if you died and were no longer able to provide for them. But before you can decide what type of cover, and how much of it ...