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Life Insurance Beneficiaries - Guide to Beneficiary Policy Coverage Charlotte NC

While you should review your life insurance beneficiary designation frequently, it is also helpful to designate a second beneficiary. In this case, if your wife was the beneficiary and you died just before she died, as a result of a car accident for instance, there would be no one to receive the funds from your life insurance policy.

Mr. Charles E. Trent (RFC®), CFP, CHFC, CLU, EA, LUTCF
(704) 365-3122
6525 Wheeler Drive
Charlotte, NC
Company
Gardner and White
Qualifications
Education: MBA
Years of Experience: 26
Membership
IARFC, FPA, SFSP
Services
Invoice, Estate Planning, Business Planning, Portfolio Management, Pension Planning, Executive Compensation Planning, Retirement Planning, Tax Planning, Tax Returns, Employee Benefits, Mutual Funds, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Group Insurance, Auto Home Insurance, Charitable Planning, Education Plan, Healthcare Accounts, Asset Protection, BuySell, LiabCover, Compensation Plans

Data Provided by:
Mr. Harvey Stephen Bailey (RFC®), CEP, CSA, LUTCF
(704) 563-6844
125 Floyd Smith Drive, Suite 250
Charlotte, NC
Company
HB Financial Resources, LTD
Qualifications
Education: Attended Embry Riddle Aeronautical University,Graduated from Southwood College. Was Financial services instructor for three years at Central Piedmont College.
Years of Experience: 37
Membership
IARFC, MDRT, NAPFA, NAIFA, NICEP
Services
Invoice, Estate Planning, Business Planning, Portfolio Management, Trustee Service, Pension Planning, Executive Compensation Planning, personal Coach, Retirement Planning, Medicaid Planning, Tax Planning, Tax Returns, Seminars Work, Employee Benefits, Family Offices, Stocks and Bonds, Mutual Funds, Mortgage Loans, Collectable Coins , CD Banking, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Business Coach, Charitable Planning, Healthcare Accounts, Charitable F

Data Provided by:
Mr. Allen Douglas Ray (RFC®), MBA
(704) 248-8549
3440 Toringoon Way, Ste. 205
Charlotte, NC
Qualifications
Education: MBA
Years of Experience: 23
Membership
IARFC, MDRT
Services
Invoice, Estate Planning, Retirement Planning, Seminars Work, CD Banking, Annuities, Life Insurance, Long Term Care Insurance, Compensation Plans

Data Provided by:
Ms. Bunmi Ajao (RFC®), MBA
(704) 861-1427
2636 Tralee Dr
Gastonia, NC
Company
Apex Financial Services LLC
Qualifications
Education: Masters in Business Administration
Membership
IARFC
Services
Invoice, Business Planning, Executive Compensation Planning, Retirement Planning, Seminars Work, Employee Benefits, Family Offices, Stocks and Bonds, Mutual Funds, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Charitable Planning, Education Plan, Asset Protection, BuySell, Compensation Plans

Data Provided by:
Adams Moore
(704) 522-9228
1441 Heather Ln
Charlotte, NC
 
Mr. Gregory A. Eaddy (RFC®), MBA
(704) 465-9310
8334 Pineville Matthews Rd
Charlotte, NC
Company
Questar Capital
Qualifications
Education: MBA from University of South Carolina. Bachelors Degree from UNC-Greensboro
Years of Experience: 9
Membership
IARFC
Services
Invoice, Estate Planning, Portfolio Management, Pension Planning, Executive Compensation Planning, Retirement Planning, Medicaid Planning, Employee Benefits, Stocks and Bonds, Mutual Funds, Mortgage Loans, Precious Metals, CD Banking, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Group Insurance, Education Plan, Healthcare Accounts, Asset Protection, BuySell, Compensation Plans

Data Provided by:
Roger Myers
632 Matthews-Mint Hill Rd.
Matthews, NC
Company
Title: Branch Manager
Company: Dalton Strategic Investments
Type
Investment Advisor Rep: Yes
Years Experience
Years Experience: 29
Service
Captive Insurance,Pension for Highly Compensated Owners,Income for Life/ Preserve Principal,Alternative Investments,Annuities,Alternative Asset Class Planning,Annuity Ideas & Strategy Planning,Planning For Personal Finances & Budgeting,Retirement Income Accumulation Planning,Individual Income Tax Planning,Wealth Engineering,Stock Market Alternative,Wealth Management,Life Insurance,Investment & Portfolio Management,Commission-Only Financial Planning (Full Disclosure),Insurance & Risk Management P

Data Provided by:
Mr. James M. Robinson (RFC®), CSA
(704) 786-6282
5721A Monticello Dr
Concord, NC
Company
Retirement Asset Solutions, LLC
Qualifications
Education: College of William and Mary-BA-PsychologyEast Carolina Univ-Mid- East Area StubiesUS Army War College
Years of Experience: 10
Membership
IARFC
Services
Invoice, Estate Planning, Business Planning, Portfolio Management, Retirement Planning, Seminars Work, Stocks and Bonds, Mutual Funds, Annuities, Life Insurance, Long Term Care Insurance, Business Coach, Asset Protection, Compensation Plans

Data Provided by:
Allstate Darryl Johnson Agency
(704) 373-7044
715 North Church Street
Charlotte, NC
 
Deal Cliff & Associates CLU Chfc
(704) 522-9192
5200 Park Rd
Charlotte, NC
 
Data Provided by:

Life Insurance Beneficiaries - Guide to Beneficiary Policy Coverage

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Beneficiaries

For the sake of your loved ones it's usually better to name a beneficiary on your life insurance policy. If the proceeds of your life insurance go to your estate and get tied up in probate, it could be months before your family is paid the death benefit - and a lot can have happened in that time.

Pay careful attention to how you designate the beneficiary of your life insurance policy. If you want your wife or husband to get the proceeds of your life insurance, you should not just say "wife" you should say the name. Why? If you have a previous wife that person could receive the life insurance benefit's.

If you pick a beneficiary, for your life insurance policy, ensure you keep it up to date. For instance, if your children are named on your life insurance policy, be sure to update it as children are born or adopted into the family (What a disaster if someone is missed!).

While you should review your life insurance beneficiary designation frequently, it is also helpful to designate a second beneficiary. In this case, if your wife was the beneficiary and you died just before she died, as a result of a car accident for instance, there would be no one to receive the funds from your life insurance policy. You guessed it - the estate gets tied up in probate court and you are lucky if your kids inherit a small portion of the original amount of the life insurance (after Lawyer's fees etc. have eaten-it-up).

For more information regarding life insurance ...

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