by Kathy Lane | Dec 27, 2015 | Beneficiary Basics
When you buy a life insurance policy, you name a beneficiary who will inherit the proceeds when you die. It’s important to keep that beneficiary designation up to date or the wrong person may benefit. One such case that went all the way to the Supreme Court was that...
by Kathy Lane | Jan 20, 2014 | Beneficiary Basics, Dying Without A Will, Estate Planning, inheritance law, Wills and Living Trusts
Julie Garber, in her weekly blog, wrote about another person who did it wrong. When actor Paul Walker died in a terrible car crash on November 30th, 2013, he left an estate estimated to be worth at least $45 million. However, he had done no estate planning and left...
by Kathy Lane | Jun 30, 2013 | Beneficiary Basics, Estate Planning, Settle an Estate
Over the last five years or so, a study has been conducted to determine how insurance companies ensured that beneficiaries of life insurance policies were notified that a relative with a life insurance policy had died. The study was initiated by California Comptroller...
by Kathy Lane | Aug 28, 2012 | Beneficiary Basics, Estate Planning, Settle an Estate
Some companies treat their employees well while they’re alive but provide a few death benefits. However, no other company has a program as rich as Google’s. The benefits for living employees are amazing but those for the deceased’s family are broad and unusual. The...
by Kathy Lane | Jul 12, 2011 | Beneficiary Basics, Durable Power of Attorney Form, Estate Representative, Financial Agent, Health Care Agent, Health Care Power of Attorney, Living Will Form, Other Financial Directives, Other Medical Directives, Settle an Estate, Trust Assets, Trustee, UTMA Custodian, Wills and Living Trusts
Recently, the Wall Street Journal weekend edition had a very interesting article titled “25 Documents You Need Before You Die.” Basically, it says that you should make sure that the originals of all of your valuable papers are put somewhere safe and that a...
Recent Comments