People buy life insurance to ensure that their beneficiaries have enough money to maintain their standard of living after the policyholder dies. Beneficiaries are the people you designate to get the money from the life insurance policy after you die. This money is called a death benefit and is typically tax free. You may designate one or more beneficiaries. If you designate more than one, you must decide how to divide the money. You may also choose a secondary or contingent beneficiary to receive the money if the primary beneficiary dies before you. Life insurance isn't an investment. An investment is a financial risk -- you might make money but you also might lose some or all of your money...
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Local Allstate Agent: Meet Debbie Chang I am a second generation Allstate agent. My father was an Allstate agent before me at the same agency here in Houston and I took over in 2015. I believe that Allstate is a great company and I want to help people with their insurance needs. The best part of what I do is meeting new people all the time and being able to help them. I am a graduate of the University of Texas at Austin. I’m a big Texans and Astros fan and in my free time, I like to listen to live music often. There is so much diversity in the city of Houston and I’m proud to be a part of it. There are also a lot of restaurants and I like to try all the different places to eat. At my agency...
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Life Insurance in Texas Securing the future of your loved ones shows love and care. We constantly worry about the future of those who depend on us. What will happen when we are gone? Life insurance helps protect the future of your loved ones when you are gone. At Insurance Over Texas in Houston, TX, we help anyone one willing in Houston to access life insurance. Below are different types of life insurance. Term life insurance: Term life insurance provides death benefits without cash value. If the policyholder passes before the policy expires, the beneficiaries are paid the assured sum. The premiums are fixed and are paid for a specific duration of time. Term life insurance can be renewed...
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Having the right life insurance is pivotal in planning for the future of you and your loved ones. Life insurance can help you fulfill promises you’ve made your family when you are gone. Don’t leave the future of you and your loved ones to chance. Texas Casualty can help you find the right Humble life insurance coverage for you, and help ensure that your policy continually meets your needs. Life Changes. So Should Your Policy For each of our neighbors in Texas, the right life insurance will be unique and dependent on personal and financial needs. As your life changes, your life insurance coverage may need to change in order to adapt to your current needs. Some life transformations that may...
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Texas Life Insurance Lawyer and Texas Beneficiary Lawyer Jason S. Coomer Helps Families and Beneficiaries Collect Life Insurance Benefits and Inheritance by Texas Life Insurance Lawyer and Texas Beneficiary Lawyer Jason S. Coomer Texas life insurance lawyer and Texas beneficiary lawyer, Jason Coomer, helps families and beneficiaries collect life insurance proceeds and inheritance. He works with families including Texas families and out of state families who have lost a family member. These issues commonly include dealing with insurance companies, dealing with oil companies, probating Wills, clearing title to estate property, transferring control of bank accounts, claiming estate property...
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You are here Justice News Garland Chiropractic Owners Sentenced to More Than Three Years for Tax Fraud Two owners of a Garland chiropractic clinic were sentenced yesterday to 37 months in federal prison and ordered to repay approximately $350,000 for tax fraud, announced U.S. Attorney for the Northern District of Texas Erin Nealy Cox. Tammy Boulyaphonh, 51, was convicted by a federal jury on all five counts against her, including one count of conspiring to defraud the United States by underreporting income and four counts of filings false tax returns in February. Her husband, 59-year-old Khamlor Boulyaphonh had pleaded guilty to similar counts days before trial. The defendants were...
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Payment of ₹10 per property covered during lockdown sought In the wake of the novel coronavirus pandemic, the city-based Kagad Kach Kachra Panchayat (KKKP) — an outfit fighting for the rights of waste collectors — has demanded that the 7,500 waste pickers working within the Pune Municipal Corporation (PMC) limits be provided with a life insurance cover of ₹2 lakh each for death due to natural causes or accident. “Waste pickers who have died after April 1, and are not covered under such an insurance scheme should be covered directly from the PMC’s budget,” a KKKP activist said. The outfit further demanded that the Pune civic body’s funds left over from the discontinuation of the Centre’s...
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Police Officer Horseshoe Bay Police Department - Horseshoe Bay, Texas Salary Information Job Description Additional Information The City of Horseshoe Bay offers an excellent benefit package, including vacation, medical, dental, life, disability and retirement. Vacation: Accrued at 80 hours per year for the first five years of continual employment, 120 hours per year after five years until ten years of continual employment, and 160 hours per year after ten years of continual employment. Medical and Dental Insurance: The City of Horseshoe Bay covers 100% of the cost of fulltime employee’s group medical and dental insurance, and 50% of the cost of dependent’s coverage. There are currently...
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A Primer on Irrevocable Life Insurance Trusts "I’m proud to pay taxes in the United States; the only thing is, I could be just as proud for half the money." Entertainer Arthur Godfrey The irrevocable life insurance trust (ILIT) can be an important estate strategy tool that may accomplish a number of estate objectives; however, it may not be appropriate for every individual. What Is an ILIT? An ILIT is created by an individual (the grantor) during his or her lifetime. The ILIT owns a life insurance policy on the grantor’s life via the transfer of ownership of an existing policy, or through the grantor’s annual contribution of cash to pay the premiums on a policy purchased...
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American National Insurance Company Announces Completion of Holding Company Reorganization GALVESTON, Texas, July 02, 2020 (GLOBE NEWSWIRE) -- American National Insurance Company (“ANICO”) today announced that it has completed its previously announced holding company reorganization. Pursuant to such reorganization, American National Group, Inc. (NASDAQ: ANAT), a Delaware corporation (“American National”), is now the parent company of ANICO and has replaced it as the publicly held corporation. The directors and officers of ANICO immediately prior to the reorganization serve as the directors and officers of American National, and business operations continue from our current office locations...
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