Idaho Estate Planning - Survivorship Life Insurance Can Be an Effective Planning Tool

The Insurance News article, "Survivorship Life Insurance Useful for Estate Planning," talks about a type of policy that really lends itself to estate planning purposes. Survivorship life insurance doesn't pay its proceeds until the last survivor dies—that is, the last spouse.This is a real...

Idaho Estate Planning - Don't Forget About Your Beneficiary Designations

When people think about estate planning, many don't remember the importance of updating beneficiary information on financial products, such as 401(k)s and life insurance policies.USA Today says that it's not just because many of us have the majority of our assets tied up in products like these....

Idaho Estate Planning - The Right Plan is Critical for Today's Woman

It’s vitally important for everyone to have a plan for their estate, but in the absence of a well-crafted plan, women can be affected more often and more directly than men.  According to www.forbes.com, women live longer than men, on average, and tend to marry older spouses; this makes women...

Idaho Estate Planning - Error in Planning Can Benefit the Ex-Spouse

Picture this -- a frantic call to the family lawyer by a recent widow we’ll call Fran. Fran had just learned that her deceased husband Ed’s life insurance proceeds were going to be paid to his ex-wife Sally. As Ed’s current wife, shouldn’t she, not Sally, be entitled to the life...

Idaho Elder Law - The Costs of Avoiding Care Planning

There is no shortage of studies about the physical and psychological strain of caring for an aging, ailing loved one. In 2013 a study by Genworth Financial exposed the monetary loss that caregiving without the benefit of Long Term Care insurance can entail. The report, titled “Beyond Dollars...
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