Are you a senior who is struggling to enjoy your retirement years on a tight budget? If so, you are hardly alone. More importantly, you may have a hidden asset that can help. That life insurance policy you have been paying premiums on for years, even decades, may be more valuable to you than you realize. A Port St. Lucie elder law attorney at Kulas Law Group explains the hidden value in your life … [Read more...] about Is Your Life Insurance Worth More Than You Realize?
Your average college student with student loans will think about estate planning about as often as they think about joining the AARP. The reality is that most young people, and especially college students, rarely have to deal with any significant estate planning concern. Unfortunately, as the average amount of student loan debt continues to increase, more and more students worry about what might … [Read more...] about 3 Questions About Student Loans, Debts After Death, and Estate Planning
How much life insurance you need depends on many different factors, including, where you are in life, the size of your family, and your income and savings. Many young families don’t carry enough life insurance. Here are some factors to consider in deciding whether you have enough: How much of your salary does your family use to meet necessary expenses? If you were to pass away, how much … [Read more...] about Does Your Family Have Enough Life Insurance?
You hear a lot about the fact that you need life insurance, but what exactly is it used for? Once a loved one passes away, there are actually long-term and short-term uses for life insurance, as well as benefits for owners of family businesses. Long-Term Uses When they’re thinking about buying life insurance, people often focus on the “big picture” uses for the funds. These include: Paying … [Read more...] about Life Insurance and Estate Planning