Archive for March, 2006

Probate

Wednesday, March 22nd, 2006

What is Probate?
Probate is the process of transferring legal title of property from the estate of the deceased person who has died (the “decedent”) to his or her proper beneficiaries.

The term “probate” refers to a “proving” of the existence of a valid Will, or determining and “proving” who one’s legal heirs are if there […]

Life Insurance Settlement

Thursday, March 2nd, 2006

What is a Life Insurance Settlement?
A life insurance settlement is a payoff when a whole life insurance policy is redeemed. The life insurance settlement is usually paid within 30 days.

However there are some requirements for the life insurance broker to pay you that life insurance settlement. There is usually some death claim forms […]