Should you name your living trust as the beneficiary of your life insurance policy? Is it better to name specific individuals as direct beneficiaries? This decision can have significant implications ...

Start by reviewing your policy to see how the insurer and the policy handle beneficiary selection and what happens if a beneficiary passes away.Insurers may let you change beneficiaries, but you must ...

Life insurance provides financial protection by offering a payout to loved ones after your death, helping cover expenses, replace income, and secure their future.

Some of the biggest mistakes people make concern beneficiary designations. Either someone forgets to name a beneficiary on an account or forgets to update a beneficiary on an account. These mistakes ...

Have you experienced a life-changing situation recently? If you have, your beneficiaries might be out of date. This includes your retirement and bank accounts, insurance policy and other financial ...

During my years working in financial and retirement planning, one thing became very clear: many people don’t understand the stamp duty and costs their estate will face when they die. I often had to ...

Most term life policies don’t pay out — and that’s a good thing. Here’s what to consider as your coverage ends and whether it ...