Often people will let loved ones know that they have life insurance policies, but after the policy holder passes away the beneficiaries have difficulty finding any information about the policies. Tracking down these lost insurance policies is an important step in estate administration.
Read More »Answers about the Qualified Terminable Interest Property (QTIP) Trust
The facts of life include remarriage. Almost 42 million adults in the U.S. have been married more than once, up from 22 million in 1980, according to the Pew Research Center. For older Americans, remarriage can pose estate planning problems. Even for couples who share children, potential remarriage might be a concern. And even if […]
Read More »Was Bequest to Snowflake a Mistake?
What would you do if 10 years after receiving a life insurance bequest, the insurance company asked for the money back claiming it had made a mistake? The town of Snowflake, Arizona is currently facing that dilemma.
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