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re: Life policy question for the state of Texas

Posted on 10/24/16 at 8:29 pm to
Posted by Huey Lewis
BR
Member since Oct 2013
4663 posts
Posted on 10/24/16 at 8:29 pm to
Do you have kids and if so, is your wife okay with this? My family dynamic is perhaps so different from yours that I'm having a hard time wrapping my brain around putting my parents or siblings as a life insurance beneficiary.

My first thought would be to set up a trust for your wife and kids and a separate trust for your parents and siblings.
Posted by ctiger69
Member since May 2005
30616 posts
Posted on 10/24/16 at 9:17 pm to
quote:

Do you have kids and if so, is your wife okay with this? My family dynamic is perhaps so different from yours that I'm having a hard time wrapping my brain around putting my parents or siblings as a life insurance beneficiary.


Good point
This post was edited on 10/26/16 at 11:37 am
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