I work at a large insurance company...my group is filled with jealous females...the thing that I just cannot comprehend is this: why do they get mad at you when you don't talk to them? What the ...
i had complated to lic manger he is telling that u have to pay why u had given cash to him we are not responcable for that hee is tell for that wt i have to ...
I'm talking very high deductible, really just there in case of an emergency. I'm 30 years old, single, in good health. What would be a monthly payment on that type of plan and who offers ...
Both my husband and I pay monthly premiums for a "term" life insurance plan that expires in 20 years. We pay a little bit higher premium I believe but then at the end of the term, if we ...
I have a preexisting problem from having my daughter. I lost my health insurance in August. We are going on a family plan through my husband's work. My old doctor referred me to a specialist. ...
My fathers doctor told him five years ago if he did not quit smoking, he would be dead within three years. Well, my dad is alive and kicking, He has COPD really bad and I don't think he will ...
hi
is it possible for NON US citizens,to take life insurance in US...
how does it work,in case if the insurer passes away here in US and if the beneficiary is another country...
and ...
I lived with my uncle for 5 years after her death and he claimed she left no money behind or anything, which leaves me barely 18 and not much go off of right now...its not so much about the money but ...
Yes, but save your beneficiary the trouble and word your beneficiary statement like this:
Joe Shmoe Custodian for Your Child.
Alternatively, you can name a custodian (trustee) in your will. Remember, a Guardian has the legal rights to make decisions regarding the upbringing and welfare of your child, but it is the trustee that you name that has the responsibility for the management of the child's assets. It is wise to name two different people to these posts. Either one is a big responsibility and to ask one person to do both can be overwhelming.
sheeranmj
Yes you may name a minor. If you die before they become of age they will not be able to touch the money. They only way they can is if they go to court and someone legally becomes their guardian and then that person can act on their behalf.
Shayna
Yes, why not? You can choose anyone you want. You are paying for it!
4knowledge
They can be named, but in all likelihood, whoever is the guardian of the minor child will have control over the funds unless you have the funds put into a trust.
shelloutt
Yes, a minor can be named as beneficary. But, the legal guardian will have all the say so of the funds, unless the funds is placed in a trust with an executor.
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