insurance essentials
Directing Life Insurance Proceeds into a UTMA Account
Learn how to transfer life insurance proceeds into a UTMA account, the steps involved, legal considerations, and how this strategy can benefit a minor's financial future.
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insurance essentials
Who Can Spend Proceeds From a Life Insurance Policy Made Payable to a Minor
When a life insurance policy names a minor as beneficiary, the insurer typically won't pay proceeds directly. This verified explainer details how a court-appointed guardian or c...
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