A life insurance beneficiary can be a person, entity or organization you choose to receive the death benefit from your life insurance policy after you pass away. Once your beneficiary receives the ...

Have you designated a life insurance beneficiary? Providing for loved ones upon your death remains a priority for many people. That’s why it’s important to choose beneficiaries. Failure to do so could ...

If your life insurance beneficiary dies before you, the payout may go to a contingent beneficiary or your estate, depending on how you set up the policy. You can choose how death benefits are ...

One of the biggest myths and misconceptions of estate planning is that a will controls the disposition of all one’s assets at death. This is not the case. Failing to distinguish the difference between ...

To grasp why updating your life insurance and 401(k) beneficiaries is essential, you must first understand what a beneficiary is. A beneficiary is a person or entity designated to receive assets from ...

Ideally, you would know if you're the beneficiary of a loved one's life insurance policy and have all the information you need to file a claim. That's not always the case, however: More than a billion ...

One key question about financial planning often is overlooked by most clients: To whom will you transfer your acquired income and assets at the end of your life? I know, it’s not the most comfortable ...

Life insurance is a policy designed to financially protect your loved ones in the event of your death. Insurance companies pay a set amount of money, called the death benefit, to a designated ...