The death of a loved one brings stress, despair and grief. It also often precipitates disagreements regarding the intended beneficiary of an annuity, life insurance policy or other account of the ...
With death knocking at your door, you realize some family members are more important to you than others, and decide to change your life insurance policy accordingly. What could go wrong? Just ask the ...
Aasiya Z. Hassan took out a $450,000 life insurance policy in 2006, listing her two children and her three siblings as the beneficiaries. But a few months before she was slain, a change of beneficiary ...
A federal district court in California has ruled that a short form power of attorney did not authorize the person granted the power of attorney to change the beneficiary on the grantor's life ...
While in the process of divorcing, your attorney will remind you that you cannot change beneficiary designations on your accounts until the divorce is finalized. It is not uncommon to want to put the ...
Benefit administrators, 401(k) vendors, recordkeepers and benefits professionals regularly recommend that participants in qualified retirement plans periodically review and update their beneficiary ...
Question: I wanted to share a serious problem we are having with my brother’s estate so others will be aware of this issue. My brother’s major asset was an IRA he held with a major bank. Shortly ...