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March 16, 2007, Newsletter Issue #44: Appointing The Life Insurance Beneficiary

1

Tip of the Week

When you take out a life insurance policy, if appointing a guardian that is not your spouse, you may want to choose a third party as the life insurance policy beneficiary. Although whoever you leave you children with will love them and care for them as much as you do, it is wise to have two people making the financial decisions, rather than one. This will ensure that each decision is a good one since it has to be approved by two separate individuals.



2

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