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 ...

When beneficiaries receive a payout from a life insurance policy, they typically don't have to pay taxes. However, there are a few situations where a portion of the life insurance benefit is taxable ...

When it comes to life insurance, choosing beneficiaries can be a daunting process. We all want the best for our loved ones, especially when we are planning for the end of our life, but it can be ...

Life insurance is designed to provide a death benefit to your loved ones after you pass away. Certain policies can also ...

Estate planning is crucial to leaving your beneficiaries with your possessions as you intend. However, life insurance beneficiaries can conflict with the terms in your will if you aren't thorough.

A life insurance beneficiary is someone who is legally designated to receive the death benefit of the insurer. When the policyholder dies, beneficiaries receive a sum of money as long as several ...

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 ...

Life insurance can be a complex product, and it’s important to research the options thoroughly before purchasing. Some common ...

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 doesn’t stand still, and neither should your financial documents. Marriage, divorce, the birth or adoption of children or grandchildren, the death of a previously named beneficiary, or changes in ...