|
 disabilities
- Using life insurance to fund a trust upon death
- Date posted: August 13th, 2010 4:04 PM
- The term “trust fund” might elicit an image of a spoiled rich kid living off their parent’s money.
In reality, many parents use the proceeds from a life insurance policy to set up trust funds that provide financial payments to their children and limit their ability to spend all of the money at once.
Full Story »
- Category: Articles Library, Life Insurance, Videos
- Tags: children, disabilities, estate bills, estate tax, financial planning, financial support, heirs, life insurance, McGill's Life Insurance, The Hartford, trust fund
- Life insurance benefit back for some Ohio school retirees
- Date posted: June 15th, 2010 3:03 PM
- An Ohio school placed a cap on life insurance, but will not be canceling life insurance policies for 239 disabled retirees, reports the Akron Beacon Journal.
The Akron, Ohio school will offer life insurance policies with a death benefit that will not exceed $40,000, according to the Journal. Retirees will receive 125 percent of their annual pay if the payout is less than $40,000.
Full Story »
- Category: Life Insurance, More news, Top Headlines, Videos
- Tags: Akron Beacon Journal, cancelation, disabilities, employer insurance, insurance cap, life insurance, Ohio, payout, school
- A special needs trust can benefit loved ones
- Date posted: March 4th, 2010 11:11 AM
- Paying for life-long care for a family member with disabilities can be financially overwhelming.Full Story »
- Category: Articles Library, Industry News, Life Insurance, Videos, Whole Life
- Tags: disabilities, Insurance, life insurance, long term care, Mass Mutual, needs, special needs, Supplemental Special Needs Trust, trust, whole life insurance
|
