Separate Policy Life Insurance Quotes Multiple Beneficiaries?
I have been married twice in the past and have been ordered by the court to pass life insurance on myself with my three children as beneficiaries (for $100,000 each). Two of the children live surrounded by Florida with their mother, and the other lives with her mother here within Tennessee. Do I take out 2 different policies (one for each family), or a separate policy for respectively child? Do I name my ex-wives as beneficiaries since my children are minors? Thanks.
Answers:
lifeinsurance.awardspace.info - try this one. I have their insurance and, as remember, they can provide such a service.
I would take out one policy - you get a better price that agency - and give 1/3 to each child, close to this: Jane Doe as trustee for Michael Doe. If you trust your ex wives to be smart about the money, there's no reason not to autograph them trustee over their own child's portion.
Life insurance is actually incredibly flexible. Since I'm from Utah I'm not familiar with the Tennessee regulations, so I recommend you name a nearby life insurance agent. http://www.americaschoicetoday.com/Life-Insurance.html They should be capable of assist you.
Related Questions:
Answers:
lifeinsurance.awardspace.info - try this one. I have their insurance and, as remember, they can provide such a service.
I would take out one policy - you get a better price that agency - and give 1/3 to each child, close to this: Jane Doe as trustee for Michael Doe. If you trust your ex wives to be smart about the money, there's no reason not to autograph them trustee over their own child's portion.
Life insurance is actually incredibly flexible. Since I'm from Utah I'm not familiar with the Tennessee regulations, so I recommend you name a nearby life insurance agent. http://www.americaschoicetoday.com/Life-Insurance.html They should be capable of assist you.
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