Do You Know Your Beneficiaries?

A recent Supreme Court Decision, available here underscores why everyone should double check who their beneficiaries are. In Hillman v. Maretta, a remarried man failed to change the beneficiaries on a Life Insurance policy, which still named his former spouse as the beneficiary. Although there was a state law, which prevented divorced spouses from being designated beneficiaries, it conflicted with …

10 Life Insurance Beneficiary Mistakes to Avoid

When naming a life insurance beneficiary, one may think it is as simple as writing a name on a line. The truth is that many people make minor mistakes when naming life insurance beneficiaries. Today we would like to share some common mistakes people make in regards to life insurance beneficiaries in hopes to help save your family stress and …