10 ways to screw up when picking life insurance beneficiaries

February 20, 2015 by Barbara Marquand

Naming who should get the life insurance money after you die sounds simple, but designating beneficiaries can get tricky.

Mistakes are common, financial advisers say — and they can be heartbreaking and expensive.

When mistakes are made “you’re not creating problems for you,” says Keith Friedman, principal of FBO Strategies, an estate planning and insurance firm in Stamford, Conn. “You’re creating problems for the people you leave behind.”  Click HERE to read…

This article first appeared on Insure.com and is reprinted here with their permission. Click here for the original post.

Originally Posted at LifeHealthPro on February 19, 2015 by Barbara Marquand.