INTRODUCTION There are generally two ways that a life insurance policy could become payable to the estate of a deceased person. The first is if a person actively names their estate as the beneficiary. The second is if no named beneficiary is alive to receive it. In either case a probate will likely be the […]
So often people create wills and trusts without thinking about who is named beneficiary on their life insurance, IRA, 401ks, annuities, and other payable on death assets. It’s so very important for many reasons including: – You may have former spouses named; – You may have had more kids; – Companies lose the forms; – […]
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