In this video I talk about why you should not have your minor child as a beneficiary on your life insurance policy. Minor children cannot inherit any money so legally the money cannot be left to them. However, there are ways around this. You can list another trusted adult as your beneficiary so the money can be left to them, or you can make a family trust the beneficiary of your policy and the trustee will take care of your child with the funds in the trust.

► Where to Follow Us Online:
Instagram: [ Ссылка ]... & [ Ссылка ]...
Facebook: [ Ссылка ]...
Twitter: [ Ссылка ]... & [ Ссылка ]...
Website: [ Ссылка ]...
Our Book: [ Ссылка ]...
Articles: [ Ссылка ]...
Kids Financial Video | [ Ссылка ]...
FREE Financial Literacy Quiz | [ Ссылка ]...
----
Thank you for watching this video—Please Share it. I like to read comments so please leave a comment and…
► Subscribe to Our Channel Here [ Ссылка ]...
--
Martin and Chelsea Matthews are authors, public speakers and Financial Literacy advocates leading a team of professionals with clients in 41 states. With over 19 years combined in the financial industry as award winning financial professionals, they focus on helping clients build an Unbreakable Financial House.

Their book “Let’s Fight About Money” helps couples communicate about money and handle conflicts. They’ve hosted the Love&Money Show on the Wooditch Network; a financial, personal development and entrepreneurship focused video show highlighting how to Make More, Save More & Give More. They live in Georgia with their son, William.

Term life insurance
How to get life insurance
How to buy life insurance

#FinancialLiteracy​​​​​​​​​​​​​​​​​​​​​​​​​ #6BBChallenge​​​​​​​​​​​​​​​​​​​​​​​​​ #GenerationalWealth​​​​​​​​​​​​​​​​​​ #MoneyAndMarriage​​​

свернуть