A life insurance policy may be used as collateral to secure a loan. If you die before the loan is repaid, the lender will be repaid from the policy’s death benefit proceeds before beneficiaries can ...
Editor’s note: Attorneys at Goede, Adamczyk, DeBoest & Cross, PLLC., respond to questions about Florida community association law. The firm represents community associations throughout Florida and ...
Settling complex class action lawsuits frequently requires the consensus not just of corporate directors and officers, but also their primary and excess insurers, as standard directors and officers (D ...
Life insurance proceeds, typically paid directly to a beneficiary, are not generally subject to income tax as they're seen as reimbursement for a loss. However, exceptions do exist. For instance, if ...