A life insurance beneficiary is someone who is legally designated to receive the death benefit of the insurer. When the policyholder dies, beneficiaries receive a sum of money as long as several ...

A life insurance beneficiary can be a person, entity or organization you choose to receive the death benefit from your life insurance policy after you pass away. Once your beneficiary receives the ...

Advice offered by Marc Hebert, president of The Harbor Group Inc., a certified financial planner. If you have any questions about finance or if you'd like to suggest a future topic, email ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

Q. My dad passed away five years ago in June. My mother and I just recently found out that a family friend left my father insurance money of over $7,000. Given that she was married to my father, ...

Buying life insurance is a major decision that requires careful planning. By asking these questions, you can ensure that you are making an informed choice. Making good choices with life insurance can ...

My dad died in September in Pennsylvania (although he was a Florida resident), and my stepmother insists there is no will and no estate, but then she texted to say that my father wanted me to inherit ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. A life insurance policy is designed to ...

A beneficiary is the person you choose to receive your life insurance death benefit after you die. You can choose multiple beneficiaries and designate a certain percentage of the death benefit for ...