What Is a Beneficiary?
Commonly, a beneficiary is an individual that receives returns or benefits from something. In the insurance field, individuals generally use the term beneficiary in reference to the recipient of life insurance re...
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What are the 5 Components of an Estate Plan?
A lot of people assume that when they have a will, their estate planning is finished, but there is much more to a solid estate plan. An ideal estate plan needs to be designed to avoid probate, for estate tax savi...
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Who Should Be Your Beneficiary?
It's easy: Fill the blanks in on the life insurance application and you've designated a beneficiary. But do not write off the task as insignificant. Designating the right individual to receive the proceeds of you...
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