A singular commitment to helping you find the peace of mind associated with knowing you’ve protected the people and items most important to you.
The Health And Life Guy
LIFE TRANSITIONS
A singular commitment to helping you find the peace of mind associated with knowing you’ve protected the people and items most important to you.
Yes, it really matters. It can have many unintended consequences?
If the insured passes away before the a named beneficiary reaches the age of majority (age 18, in Washington state), this can result in significant delays in loss settlement and the additional expenses for this designated beneficiary.
Yes. Depending upon the objectives of the life insurance policy owner, there are two possible ways to address this. One, establishing a qualified custodian, or establishing a revocable trust.