I am facing a situation about which I understand very little, and I hope you all can advise me or tell me where to get the proper advice.
I am, along with several others, the beneficiary of a relative's life insurance policy. He has various policies with various beneficiaries.
The policy in which I am named was quite expensive to set up, so I've learned (involving many fees). Its premiums are also high. But its payout would be significant.
Unfortunately, my relative—older now, and retired—cannot keep up with any of his life insurance premiums. Not for the policy in which I am named
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I am, along with several others, the beneficiary of a relative's life insurance policy. He has various policies with various beneficiaries.
The policy in which I am named was quite expensive to set up, so I've learned (involving many fees). Its premiums are also high. But its payout would be significant.
Unfortunately, my relative—older now, and retired—cannot keep up with any of his life insurance premiums. Not for the policy in which I am named
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