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 Group Term Life Insurance Beneficiary Designation Erie County 2020

2020-2025 Form

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hey there i'm a state planning attorney paul rapila and in this video we're going to talk about how someone should designate the beneficiaries of their life insurance so initially as i get into it you may think wow this is more complicated than i thought it was but if you make it through the whole video you might wind up saying this is simpler than i thought it was so let's take a look at just kind of a set of circumstances and then we'll apply all the different options that someone would have in a in naming beneficiaries of their life insurance so let's take our example dad has a three million dollar life insurance policy uh let's say mom's not in the picture maybe dad's divorced maybe mom passed away but dad has three children and in general he wants that three million dollars of life insurance to be for his three kids when dad dies that's the general premise that we're working on and let's say da

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