Tag Archives: life insurance
6 Ways to Designate Minor Children as Life Insurance Beneficiaries: the Good, Bad and Ugly
Many new or expecting parents wisely include obtaining life insurance policies on their to-do list. Protecting the financial security and future of minor, young adult and disabled children from a parent’s untimely death is critically important. But, selecting and obtaining the right policy is only half of the equation. It is equally critical to… Read More »
Pot Trusts: More Equal Than Equal?
When I ask parents of young children how they want to divide their estate among their children, the answer is usually “equally”. Sounds fair. In most cases, we desire to treat our children equally. But, particularly for young families, if you either fail to plan or if you only create a simple “upon my… Read More »