Wicked Insurance Matters Radio Show w/Greg Durette - The Trouble with Heirs

You don’t need to be squirrelled away on some uncharted desert isle like Lovey and Thurston Howell, III to have concerns about what your heirs are going to do after you are gone.  You need only mosey on down to your local Probate Court and have a glance at the docket to see how much time (and money) is devoted to disputes arising from family issues.

As I have often said, “Money makes people funny.”  But all is not about greed.  Often times, simple misunderstandings can lead to the enrichment of the local members of the Bar Association (not the tavern variety).

Many issues arise from:

• A miscommunication of your intentions (i.e. “Mom said I could have the picture of Dad from the mantle.”)
• Failure to update your will or trust
• Failure to have a will or trust
• Forgetting about old insurance policies/annuities
• Not updating beneficiaries
• Ignorance of the complexities of special needs family members

I will attempt to make sense of all this in my next show and provide a safe place where you can learn how to arrange your financial/insurance documents to align with what your family needs.

Avoid being lost at sea and no, I am not an attorney or some decorated shipping captain.  I’m just an insurance man sharing what he knows to keep you and your family afloat. Listen close and save me from this sea of analogies!

Best,

Greg

p.s.      Don’t forget, time is running out on submissions for my 2017 predictions contest.  Get your vote in before the January 31’st deadline!