Sentences with phrase «other beneficiaries after»

If you play your cards right, you may even be able to leave a substantial nest egg behind for family or other beneficiaries after your death.

Insurance that pays cash to your family or other beneficiary after your death.

Donate a permanent life insuranceLife Insurance Insurance that pays cash to your family or other beneficiary after your death.

Using life insuranceLife Insurance Insurance that pays cash to your family or other beneficiary after your death.

Not exact matches

Since estate taxes are assessed only when bequests are left to someone other than a husband or wife — most commonly, when estates pass, after parents» death, to the children — it's smart to buy enough second - to - die coverage in the name of the beneficiary to pay off future estate - tax bills.

Our obligation is even more emphatic if we are the victimizers — or the beneficiaries of past or present victimizing carried out by others — rather than just good Samaritans who tend to the afflicted after the crime has been committed and the perpetrators have fled.

This exception said that other than the one year rule, «if your beneficiary is your surviving spouse, within the later of one year after the date of your death or the date you would have attained age 70 1/2.»

Estate accounts can be set up to administer a person's estate after death on behalf of family members or other beneficiaries.

For instance, after a year or two, you might consider buying a home together and naming each other as beneficiaries of your retirement accounts and life insurance.

Joint - and - Survivor (J&S) Annuity - An annuity that typically pays a participant a fixed monthly amount for life and, after the participant dies, continues payments to the participant's spouse or other designated beneficiary for the rest of the beneficiary's life.

This can be after death or, sometimes, when the beneficiaries become legal adults or certain other conditions are met.

With regard to the question of compatibility of the imposition of a residence condition with Articles 29 and 33 of the Directive, after having found that these Articles in principle require an equal treatment of all beneficiaries of international protection as regards the freedom of movement (Article 33) and a treatment that is equal to nationals of the relevant Member State in the matter of welfare benefits (Article 29), the Court concludes that a residence condition can still be imposed on beneficiaries of subsidiary protection status, if they are not in an objectively comparable situation with beneficiaries of other international protection status or nationals of the Member States as regards the objective pursued by the national law that seems to infringe on Articles 29 and 33 (point 54 of the judgment).

According to section 21 (3) of LA 1980, subject to other provisions of section 21, an action by a beneficiary to recover trust property or in respect of any breach of trust shall not be brought after the expiration of six years from the date on which the right of action accrued.

On the other hand, the injured elderly person can have a settlement structured so that his or her grandchildren or other beneficiaries will receive guaranteed settlement payments after his or her death.

A contract is described in this paragraph (c)(2)(iv) if the contract provides that no benefit is permitted to be paid to a beneficiary other than the employee's surviving spouse after the employee's death --

The contract satisfies the requirements of this paragraph (c)(2)(ii) if the contract provides that no benefit is permitted to be paid to a beneficiary other than the employee's surviving spouse after the employee's death --

Your roommate could purchase a life insurance policy on themselves and then after it is approved and placed inforce (activated, in other words) he or she can name you a beneficiary.

Additionally, nine states have «community property» laws on the books that make it illegal to name someone other than your spouse as your beneficiary without his or her consent, if you got the policy after getting hitched.

Other times you should update your beneficiary include getting married (add your spouse), getting divorced (subtract your spouse), when buying a new home or car (to make sure your wife is the primary beneficiary in case she needs to make loan payments), or after having a child (same, but for paying for college).

If the policyholder dies after the commencement of risk cover, the whole sum assured with other bonuses will be paid to the beneficiary.

After a certain amount of time, stipulated in the policy, the accumulated cash can be used for loans or other purposes while you are living, or can be an increased death benefit to your beneficiaries.

This means that if you and your spouse take out the policy, neither of you will collect a death benefit payout when the other spouse dies, but life insurance will be paid after your death to your beneficiaries, which can be heirs, a charity or trust that you set up.

The applicant will have to qualify by supplying the best reply to a few pre-determined questions, but after that, the insured person and their beneficiaries can expect to take pleasure from the exact same premiums and benefits for any other countries in the insured person's life.

The key benefits of securing a permanent life insurance policy is that it ensures life insurance protection for the entire life of the insured, and it also provides a death benefit to the beneficiary regardless of the age of the policy.Permanent life insurance will provide financial security for your family / dependent / other beneficiary during your lifetime and after your death.