A recent UBS study found that 56% of widows experience a financial surprise at the death of their spouse. Additionally, a widow can expect an average 37% decline in income – money that won’t be there to maintain their standard of living.
Many times, those bad outcomes result from the absence of a good review.
So many people are talking about ChatGPT — the artificial intelligence content creator — that awareness of it has trickled down even to us attorneys, well-known to be late adopters of all technology. I thought I’d give it a try. I signed up for ChatGPT (which took several attempts, none of which were my fault, and included one message that
If you’ve secured a solid life insurance policy, we commend you for making the necessary arrangements to secure your family’s financial future. If you’ve already had a policy reviewed performed by an expert to work out any kinks or changes in your plan, you’re most definitely on the right track. Now, we want to make sure that your family is
Ken’s Foods, Inc. operates a manufacturing facility in Georgia. In 2018 its wastewater treatment system malfunctioned and wastewater flowed into a Georgia tributary. Ken’s Foods cleaned up and contained the pollution, incurring about $1 million in costs.Ken’s Foods also implemented a temporary wastewater treatment system that allowed it to continue its operations without interruption. It spent over $2 million on
Welcome to my first video on insurance issues. In this one I discuss basic issues in real property insurance claims.
Whether you want to sell your life insurance policy or you are trying to find out how to sell your life insurance policy, there are a few things to keep in mind. Selling a life insurance policy Buying a life insurance policy is one thing; selling one is another. However, it is possible to sell
The post How to Sell
Using Life Settlements For Long Term Care Using a life settlement for long-term care can be a beneficial option. However, there are several factors to consider before choosing to enter into a deal. Funding long-term care Using a life settlement to fund long-term care benefits is a great way to take care of yourself or
The post Using Life Settlements
As we approach the two-year anniversary of the “big freeze” in Texas (a/k/a Winter Storm Uri), policyholders with storm-related claims should be aware that Chapter 542A of the Texas Insurance Code limits a policyholder’s ability to sue its insurers for mishandling property insurance claims arising from natural disasters. Designed to curb the exploitation of storm victims and insurance companies, Chapter
Replacement Cost. What it is and what you need to know.
It’s easy to think, “I know what my building is worth, so that’s the coverage I need.” Unfortunately, that is incorrect! While you may know the market valuation of your property, you may not know what it would take to rebuild. These costs aren’t tied to your building’s market
What Is A Life Settlement? A life settlement is a transaction in which the owner of a life insurance policy sells the policy for its cash value to a third party. The policyholder receives a lump sum payment that is generally greater than the cash surrender value offered by the insurance company, but
The post What Is A