Beneficiary of Life Insurance Policy Has Died: Who Receives the Proceeds?
When trying to determine who will receive the proceeds from a life insurance policy without a beneficiary, it can be confusing. Fortunately, there are some guidelines and processes in place that can help you figure out who is eligible for the money. Keep reading to learn more about life insurance with no beneficiary today. If […]
Is Life Insurance Part Of An Estate?
Life insurance is often included in an estate plan because it provides financial security for beneficiaries after someone dies. It also helps pay for funeral expenses and other costs associated with death. The Basics of Life Insurance. Life insurance is a type of policy that pays benefits to people when a person dies. There are […]
Funding A Trust
Funding a trust is crucial. If you don’t transfer assets to the trust, they may have to go through probate court when you die. Let Me Tell You A Story. Let me tell you a story. A senior attorney who mentored me years ago used to describe funding a trust this way. He would always […]
What Assets Cannot Be Placed In A Trust?
People use trusts to hold property for future use. A trust can avoid probate (the legal process that determines who gets someone’s money and property after they die). People also use them to ensure that their intended beneficiaries receive their money and other property. Now let’s answer your question: What assets cannot be placed in […]
Arizona Inheritance Laws
When someone passes away in Arizona, the Arizona inheritance laws determine who has the right to receive the deceased person’s estate. These rules cover how the estate is distributed. They may include provisions for spouses, children, and other family members or loved ones. Arizona Inheritance Laws With a Will If your deceased loved one died […]
What Is A Life Insurance Interpleader 2023 Action?
Has a process server served you with a Complaint for Interpleader? If so, that is good news and bad news. The good news is that you are a party because someone may owe you a large sum of money. The bad news, you have to make your claim in court. As a party to a […]
