Signing up for a life insurance policy is a smart move, regardless of how young or old you are. When you sign up for your policy, however, you will be asked to designate a beneficiary, who will be trusted with the money from the policy after you pass away. These are three possible beneficiaries that you can choose for your policy.
1. Individual Beneficiary
One common choice is to choose an individual beneficiary.
Going out for a delicious meal can turn into a stressful experience if you slip on water in the bathroom and sustain injuries as a result. After a trip to your family physician, you may starting wondering if you can file a legal claim against the restaurant in court to recoup doctor bills and get compensation for time you miss from work. Here are some actions to take if you make that decision.
Landing in jail can have a negative impact on person's life. Case in point, the Social Security Administration will cut off payments to anyone who's incarcerated, regardless of whether that person receives Supplemental Security Income (SSI) or Social Security Disability Insurance (SSDI) or payments. Whether the person's family members are affected by the individual's incarceration depends on the person's payment status before he or she was put in jail. Here's more information about this issue.
When it comes to adoption, adoptive parents typically have the choice of either working with an adoption agency or facilitating a private adoption with the help of an adoption attorney. Working with an adoption agency may be best for some people, while others prefer the process of a private adoption. Some of the advantages of a private adoption include:
Typically a Faster Process
Adoption agencies may facilitate both domestic and international adoptions, and the timeline for adoptive parents to bring their child home can be long.
Islamic marriages impose both social and legal responsibilities on a couple. This is evident from the very beginnings of a marriage, during which the nikah contract is negotiated and signed. However, in many cases, the families of the bride and groom actually negotiate the nikah contract according to traditions within their social group, rather than thinking ahead to its enforceability under U.S. law. Here is what you should know.
You need to get an official marriage license.