ATTORNEY NEWSLETTER Unclaimed Property in Life Insurance Policy Usually, insurers do not have to research whether the insured passed away and give the payment to the beneficiary. But in the case of annuities, insurance companies routinely check the social security death database, and when one of their annuitants has died, […]

ATTORNEY NEWSLETTER The Costs and Risks of Nursing Home Care Paying for Low-Quality It’s well known that the cost of nursing home care can be ruinous to a family’s finances. Most families have trouble absorbing monthly residence fees that can approach $10,000, and it can drain an elders savings and […]

Whole Life Insurance So You Want to Know About Life Insurance It’s likely that at some point, you’ve either purchased or considered purchasing life insurance. Family, friends, and most financial advisors will advise you to consider it, particularly as you approach retirement. Some companies buy it for their employees, or […]

ATTORNEY NEWSLETTER Whole Life Insurance and How to Escape It Somewhere in the vicinity of 60 percent of people living in the United States have some sort of life insurance. Insurance companies collect millions in revenue off the policies, and most people agree that it’s important to own. Getting one […]

ATTORNEY NEWSLETTER Annuities: a Mysterious Maze Lots of questions come up when we talk about annuities. What is an annuity? How does it work? It is a smart investment? An annuity is a contract between a buyer and an insurance company. Sometimes, a broker/dealer intervenes in the transaction and tries […]

ATTORNEY NEWSLETTER On Tuesday, November 10th, eight people have been charged by the FBI for abusing California’s workers insurance compensation system. They are medical providers accused of receiving bribes and kickbacks in exchange for providing treatments to injured workers even though it was not necessary. This insurance fraud abuses the […]

ATTORNEY NEWSLETTER It’s tempting to see retirement saving as a viable way to get big returns off Wall St. investment, to provide a hefty sum for potential medical costs, caretaking, and passing on to the next generation of your family. But the cost of big returns is big risks, and […]

ATTORNEY NEWSLETTER If you’ve ever seen an advertisement for free lunch seminars on living trusts, or for the astoundingly low cost to set one up, you may be thinking it’s too good to be true. Well, you’re right. It’s probably a lure for a living trust mill. It has long […]

ATTORNEY NEWSLETTER Unbeknownst to many, September is Life Insurance Awareness month, as well as National Yoga Month, National Bourbon Heritage Month, National Papaya Month, and National Prostate Health Month. While the last four are all nationally recognized, the first is a marketing event put on by Life Happens, a non-profit […]

ATTORNEY NEWSLETTER At first glance, Indexed Universal Life Insurance sounds like a dream come true: guaranteed market returns on your life insurance and a solid floor to prevent you from losing your primary. But there’s a reason some Insurers are pushing Indexed Universal Life policies: they don’t perform the way […]