June 2024 Newsletter
Creative Uses for Life Insurance
On the surface, life insurance is a straightforward financial product. Read more to learn about several perks you may not have thought about.
Who Should You Name as a Beneficiary?
You likely purchased life insurance to protect those who depend on you. Learn more about who you can name as a beneficiary and how the death benefit distribution method can fit into your overall estate plan.
Do You Have Enough Life Insurance?
While you might understand that buying life insurance is a good move, you may be unsure whether you have enough, how to determine the ideal amount for you and your family, and where life insurance fits into your overall financial and estate plans. Read more to uncover helpful information to guide you through the process.
A Personal Note From Susana
The Long-Term Care Insurance Game
Dear Reader,
The following is based on real experiences by clients:
Long-Term Care Insurance: I have often advised my clients to obtain long-term care insurance. And while I still feel it is important to purchase it—Caveat Emptor! Buyer Beware! Like all insurance—you pay and pay, but when it comes time to make a claim, I have found the insurance companies to be rather obstructionist. One client who has LTCI came to me, asked me to read the policy and then asked me to activate the policy for the spouse. I declined this job because there was an immediate need, and I was leaving for vacation. I read and interpreted the policy and referred him to a person who is serves as an advocate (not an attorney) that assists those who are seeking to activate their own policy. So, you either pay me or an advocate to receive something that should rightfully be forthcoming. I find it appalling that clients need to hire me or anyone else to do this, but this advocacy is necessary. The insurance companies really don’t want to pay out even when they’ve collected from you for a long time.
What Clients Are Saying
Hear how families describe their experience working with our firm.
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"Impressed"I found attorney Lannik professional, courteous, and gave honest feedback without passing judgement on the other attorney. She was very gracious, listened attentively, and offered her perspective.- Dan U.
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"Highly Recommend"She was very helpful in putting my funds in the correct places to protect my assets.- Mary D.
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"Very Personable"We would highly recommend Lannik Law to those looking for an intelligent, informed and friendly elder law attorney.- Marianne D.
