Having an insurance nomination is it enough to protect my family ? What are their limitations ?

I believe many people have a life insurance. Most of us have also done nominations on the insurance policies. Who do you usually nominate ? A father with kids normally will nominate his spouse as the sole beneficiary of the insurance pay out or will distribute the payout by percentage equally to spouse and kids.Continue reading “Having an insurance nomination is it enough to protect my family ? What are their limitations ?”

Appointing the Right Executor

Appointing the right executor is as vital as preparing a Will. A Will is last instruction you give during lifetime and you will need a trustworthy person to channel the wealth to your desire beneficiaries in smooth and timely manner. To become an executor, one needs to fulfill certain criteria. First, make sure you knowContinue reading “Appointing the Right Executor”