Beneficiary Change Can Cause Loss of Policy and  

Cash Value to Creditors- Don't Make that Mistake

 

The Trustworthy Advisor

Massachusetts law allows the creditors of a life insurance policy to reach the policy value when a beneficiary is changed.

 

The "Learn More" link below provides additional background regarding the asset protection features for a Massachusetts life insurance policy, how they are affected by a change in beneficiary, and a checklist of practice tips.   


 

AAB
 
Sincerely,  
Alexander A. Bove, Jr., Melissa Langa & Ruth Mattson