On many of your assets, including retirement accounts or life insurance, you can designate a “beneficiary” to receive the funds upon your passing. There is now a new asset that you can allocate directly to an individual – your car. Texas law will now allow you to name a single beneficiary for any vehicle, registered […]
The United States of America celebrates its independence on July 4th, but you can rest assured that you too can declare independence for your family — from court interference. Life can be unpredictable. Whether it is a financial issue, the birth or adoption of a child, sickness or incapacity, it is important to be prepared […]
Congratulations on the purchase of your new home! Whether this is your first home, an upgrade, or you’re downsizing, purchasing a new home is a big event in your life. When these major life changes occur, it is important that you are properly prepared. Below are a few things for you to consider now that […]
Last week, the United States Supreme Court issued a ruling on a case involving life insurance beneficiary designations after divorce. Mark Sveen had named his wife as the beneficiary of his life insurance policy. They got divorced, but Mr. Sveen did not update the beneficiary. Court ruled that divorce invalidated the beneficiary designation in favor […]
