Barrett Legacy Estate Solutions

Part of protecting your loved ones when you pass away is making sure that you have a proper estate plan in place. Another aspect is making sure that the right amount of money is available to carry out your goals for their futures. Life insurance has helped many people provide for their loved ones in the way they had envisioned.

Who can benefit from life insurance?

Many different types of people can benefit from having adequate life insurance coverage. Here are a few of the most common groups:

 

Importance of the Beneficiary Designation

If you have a life insurance policy, it is crucial that you complete the beneficiary designation in a way that matches your overall wishes. Below are some examples of what results when you list certain classes of beneficiaries.

 

 

 

 

 

 

Next Steps

Call us today to schedule an appointment to discuss your estate plan. If you already have life insurance, we can review the beneficiary designation to make sure that it fits your ultimate goals. If you do not have life insurance or think you need more, we are happy to provide you with some referrals. We are also available to meet with you and your other advisors to ensure that your comprehensive financial and estate plans are working as they should. Please contact our Norman, Oklahoma office at 405-928-4075 to discuss your legal matters. We would be happy to help you and welcome your call.