I would highly recommend your company to anyone and wish you the best success.
Get life insurance Quotes now

Estate Planning – Other Steps

You also should be aware of the other procedures involved in estate settlement.  Here’s a quick review of some of them.  Your attorney, as well as other estate planning professionals, can provide more details.

Transferring property

When thinking about transferring your property, what probably first comes to mind are large assets, such as stock, real estate and business interests. But you also need to consider more basic assets:

Safe deposit box contents:  In most states, the bank seals the box as soon as it learns of the death and opens it only in the presence of the estate’s personal representative.

Savings bonds:  The surviving spouse can immediately cash in jointly owned E bonds. To cash in H and E bonds registered in the deceased’s name but payable on death to the surviving spouse, they must be sent to the Federal Reserve.

Receiving benefits

The surviving spouse or other beneficiaries may be eligible for any of the following:

Social Security benefits:  For the surviving spouse to qualify, the deceased must have been age 60 or older or their children must be under age 16. Disabled spouses can usually collect at an earlier age. Surviving children can also get benefits.

Employee benefits:  The deceased may have insurance, back pay, unused vacation pay, and pension funds the surviving spouse or beneficiaries are entitled to. The employer will have the specifics.

Insurance they may not know about:  Many organizations provide life insurance as part of their membership fee. They should be able to provide information.

Latest News

How to Talk About Life Insurance With Your Spouse
talk about life insurance with spouse

Your spouse doesn’t even want to think about you passing away, let alone have to sit down and actually discuss it. It’s never easy to talk about death, especially the death of someone you love. That’s why discussing life insurance with your spouse can be so difficult. But since the … Continue reading How to Talk About Life Insurance With Your Spouse

Read More
Term Life Insurance vs. Whole Life Insurance
term vs life insurance

Deciding which type of life insurance product is right for you can be difficult; regardless of whether you’re considering retaining your current policy or you’re shopping for new coverage, it’s important to note that there are benefits to both term life insurance and whole life insurance. Which is the best … Continue reading Term Life Insurance vs. Whole Life Insurance

Read More
How Family History Affects Your Life Insurance Rates
family-life-insurance

We all know how a good life insurance policy can positively affect your family—providing stability, financial security, peace of mind, etc. But have you ever considered how this relationship works in reverse? It’s true, while life insurance does wonders for your family, your family might have some not-so-desirable effects on … Continue reading How Family History Affects Your Life Insurance Rates

Read More

Intramark Insurance Services

#200 N. Maryland Ave., Suite 301, Glendale, CA 91206

#866-691-0100

#info@lifeinsure.com

Stay Connected

  • Intramark Insurance Services, Inc., Insurance Services, Glendale, CA

  • Intramark Insurance Services, Inc.
Newsletter Signup