How are Survivorship Life Insurance Policies Helpful in Estate Planning?
How are Survivorship Life Insurance Policies Helpful in Estate Planning?
A survivorship life insurance policy, also known as survivorship insurance, SUL insurance, second-to-die life insurance, joint life insurance, or joint survivor life insurance, will cover two people under a single policy. The policy pays out death benefits only when both people...
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Determining Who your Successor Trustee should be
Choosing a successor trustee can be one of the most important decisions you make in designing your trust because it can affect the lives of your beneficiaries for several years. While grantors often select family members, friends, or even family attorneys to be successor trustees, many factors should be considered when selecting...
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Estate Planning for a Child With Special Needs
Creating an Estate Plan for a Child with Special Needs
The phrase special needs may apply to many different kinds of learning disabilities or cognitive, physical, or behavioral issues, and a person could be born with a disability or develop one later in life because of an...
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