Naming Your Estate as Beneficiary It is almost never a good idea to name your estate as a beneficiary of life insurance policy, investment account or qualified plan (for example an IRA, 401(k), qualified annuity). There are several reasons to avoid doing this. Naming your estate as beneficiary will cause those assets to be
Bequests and Gifts to Minors If you are providing for children or grandchildren under 18 years of age, you should never leave them a gift or bequest in their own name. This rule applies not just to bequests in your will but also listing minors on beneficiary forms for life insurance, investment accounts and qualified
Failure to Understand How Your Assets Will Pass Upon Your Death Many people think that their Wills control how and to whom their assets pass upon their death. The reality these days is that many assets pass outside the scope of a Will. For example, assets titled jointly with another person often pass to the
The family I talked to today is not unusual at all — Mom and Dad owned property that they want to leave to their children. Mom and Dad are gone and the kids need to sell the property. Simple as issuing a new deed to the buyer, right? Well, not so fast — I then
Both the receptionist and the lawyer were wonderful. The lawyer phoned back within 2 hours from the time the receptionist took my call. I was so impressed how they explained everything to me that I was able to understand. I used the information they provided, and I am VERY HAPPY with them. Also they said
Regardless of the outcome I was very impressed by the professionalism of Attorney Marsha Maietta. I felt like she really cared. Member from Verona, PA
Thinking About Tax Day Yet? The health law makes February 15 an important deadline by which many people had better start dealing with their taxes. This is the first year you’ll be required to answer questions about your health insurance coverage and possibly pay a penalty for NOT having coverage. If you do not have
The lawyer was very helpful and made me relax. So much so, she even offered to speak to my wife if she didn’t believe me. She did. Love the service I receive and have received in the past. Member from West Mifflin.
What I like when I call LegalShield is that they take ownership of my issue. They listed to my concerns, give me instruction and the Counsel is target dead center on! Overall the receptionist and the Attorneys are glad I called and I can hear the smile and enthusiasm in their voice. I recommend the
The Attorney helped me and led me down the right path. She was very knowledgeable and patient with all the questions I asked. Member from Philadelphia, PA
