life insurance beneficiaries

Remember that Exotic dancer that received life insurance money because she was the legal beneficiary?

Employers frequently minimize the value of life plans, and employees forget about them, but these are valuable benefits that only come into play when death occurs – OR – with the anticipation of death in some cases. Continue reading

True Story: Mom has to give 20 year old son’s life insurance payment to an “Exotic Dancer”

While a person may leave life insurance proceeds to pretty much anybody they want, very few people understand the ramifications of that action. And very few people remember to change the beneficiary if they have a life change – or just change their mind. Continue reading