Investing in life insurance is a foundational part of estate planning, and when done right it’s a primary way to say “I love you” to your loved ones after you are gone. However, when naming your policy’s beneficiaries, several mistakes [...]
With the cost of a funeral averaging between $7,000 and $12,000 and steadily increasing each year, your estate plan should at least include enough money to cover this final expense. And if you are thinking of simply setting aside money [...]
If you're looking to collect life insurance proceeds as the policy’s beneficiary, the process is fairly simple. Not to mention, if you’ve been dependent on the person who died for financial support and/or you are responsible for paying for the [...]
