Amid the coronavirus pandemic, tackling wills, life insurance and trusts doesn't have to involve a trip to the lawyer
By Julie Jargon March 25, 2020 5:30 am ET I’ve been meaning to tackle the subject of estate planning for a while. In fact, this column was in the works weeks ago, before most people realized the world would be upended. Now the novel coronavirus pandemic has unfortunately made it a more urgent topic.
SHARE YOUR THOUGHTS What level of estate planning have you done and what are you putting off? Join the conversation below. “I immediately became a widow and a single parent. I was running a business with him, and I became the sole business owner,” said Ms. Nelson, now 43 and the mother of a 3-year-old. “I’m a year and a half out and I’m still doing paperwork.”
In March 2017, he and a business partner launched Fabric, an online platform aimed at new parents who can create a will, organize bank-account information in one place and apply for and receive term life insurance without undergoing a medical exam—as long as they don’t have major health issues or dangerous hobbies.
Kweilin Ellingrud, senior partner in McKinsey & Co.’s life-insurance practice, said the simplicity and affordability of obtaining life insurance through such digital platforms can be a good way for young families to get coverage. But she said it is important for consumers to shop around and to evaluate the stability of the company issuing the policy. People can check insurance companies’ ratings at AM Best and comparison shop at Policygenius.
Although the same attorney who helped her and her husband craft their original estate-planning documents also helped her draft the new ones, she was able to use DocuSign to electronically sign most of them, which saved her trips to her attorney’s office.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Ariana Grande Gets Cozy with New BF in Quarantine, He's a Real Estate StudMeet Ariana's potential new love interest.
Leer más »
Michael Jackson Estate Donates $300,000 to Coronavirus Relief EffortsThe Michael Jackson Estate today announced that it is donating $300,000 to coronavirus response efforts to help three communities that have been severely impacted by the Covid 19 virus. Broadway Ca…
Leer más »
The Michael Jackson Estate Donates $300,000 to COVID-19 Relief EffortsThe money will aid Broadway Cares, Three Square Food Bank and MusiCares
Leer más »
Churches Move to Video Streaming, Worshippers Tune In By the MillionsGod isn't taking a back seat to the coronavirus -- he's just going digital.
Leer más »
J.Lo Goes Makeup-Free While Dancing with Her Family in a TikTok VideoJennifer Lopez shared a new TikTok video showcasing her, fiancé Alex Rodriguez, and their children partaking in a viral dance challenge.
Leer más »
Chris Hayes: Republicans are misreading our choices for coronavirus response.chrislhayes: “There is no option to just let everyone go back out and go back to normal if a pandemic rages across the country and kills 50% of the population.”
Leer más »