Naming Life Insurance Beneficiaries: 10 Ways to Screw updoi:urn:uuid:faf773786eeae310VgnVCM100000d7c1a8c0RCRDNaming who should get the life insurance money after you die sounds simple, but designating beneficiaries can get tricky.Barbara Marquand...
WHEN YOU OPENa retirement account or purchase life insurance, you usually name beneficiaries to inherit these assets. This is also true when you set up a trust. Because much of your wealth may be in IRAs, 401(k) plans and similar accounts, it’s crucial you have the right beneficiaries l...
Before delving into the impact of divorce on life insurance beneficiary designations, it’s important to have a clear understanding of what beneficiary designations entail. When you purchase a life insurance policy, you have the opportunity to name one or more beneficiaries who will recei...