Did you know that according to the National Association of Insurance Commissioners (NAIC), millions of dollars in life insurance benefits go unclaimed every year? These unclaimed benefits may be from a policy of a deceased relative or even a policy that a family member or parent purchased for you. Changes in the insurance industry, such…
Periodically, I will see articles highlighting what a great opportunity the holidays are for discussing your estate plan. The idea is that with all the family together, let’s be on the same page about mom and dad’s wishes. I imagine someone passing the mashed potatoes and being asked if they would be willing to serve…
If you have some free time, google “celebrity estate planning disasters.” What you will find are lists of wealthy individuals that did no estate planning, did some estate planning but not enough, or did extensive planning but their lives changed significantly over the years without any updates to their plans. How could they? Knowing that…