Orange County is home to many Fortune 500 companies, including Apple, Google, Microsoft, Cisco, Intel, Hewlett-Packard and many others. Santa Ana is the second largest city in California with more than 1.5 million inhabitants. Orange County includes some of the most expensive real estate in the United States, with an average square foot price of more than $1,000.
In the event of death, the insurance company pays a predetermined amount to the beneficiary. In the event that life insurance is intended to serve as collateral for a family court decision, whether it is to provide group or term insurance to those insured for employment, Orange County divorce attorneys should look at the enforceability of the order and the ability to represent the spouses of beneficiaries. If the insured person has a medical problem that shortens his life expectancy or does not need immediate money, the company will take out life insurance for him until he no longer needs insurance. The proceeds from the premature death of the policyholder go to a child or a court appointed guardian, usually to the surviving parents.
Insurance specialists from Amorelli Rosemann & Associates will review your current life insurance situation and help you plan. Orange County Life - Insurance lawyers can discuss all the facts and, if possible, submit action plans.
Working with an expert divorce lawyer in Orange County who is knowledgeable in all aspects of life insurance coverage to ensure child support. They help you deal with all the children - maintenance obligations or issues, as well as with you on divorce and child custody.
If you have indexed universal life insurance in California and would like more information about Orange County California life insurance coverage, please contact us for more information.
In summary, an Orange County divorce attorney could argue for or against universal life insurance coverage for a family of four or more. If your life insurance is group life insurance, you should analyse the policy to determine your community interest and value. You should also check the insurance company's current records to confirm the company's insurance history and policies for your family members. Because it is a group - TermLife insurance - Orange County divorce lawyers should provide information about whether your employer will change insurance company several times during the life of your coverage or whether your policyholders will change employer.
Consider setting up an Irrevocable Life Insurance Trust (ILIT), where your life insurance is used as security in the event of a divorce. If your life insurance is in the hands of a life insurance fund, the policy holder may be subject to ILit's rights and obligations under California law.
If your life insurance is owned by an irrevocable life insurance fund, the payer's spouse has control of the policy and can own it and act as if it were his own. Your Orange County family attorney should also be careful to review the convertibility rules to prevent the former spouse from converting the terms of your policy into a permanent policy if the policyholder objects to continued coverage.
Standard Insurance Company can answer your questions about life insurance at 1-800-628-8600. Your Orange County divorce attorney should also consider consulting a life insurance expert if you are dealing with complex life insurance issues. You can also arrange a face-to-face meeting with your family attorney by calling toll-free 866-502-4729 or filling out an online form.
In addition to negotiating life insurance as a family matter, your Orange County divorce attorney should also examine the tax implications of terminating the policy permanently, as well as the impact on your family's assets if the division of your policy results in a tax ruling. She should also consult with the insurer before making a split or family law claim to confirm the insurer's willingness to meet your request. Critical analysis of community assets is an important part of the work of an Orange County divorce lawyer.
If you or a close person have fallen victim to insurance fraud, it is important to contact an experienced California life insurance attorney as soon as possible. Your Orange County divorce attorney's knowledge of the state's insurance laws and regulations can help you obtain affordable life insurance.
We are the leading provider of life insurance in Orange County, California, and provide the most comprehensive, high quality, and affordable coverage available to Orange County residents. From homeowner insurance to car insurance, our goal is to provide full coverage at competitive prices.
Amorelli, Rosemann & Associates provides life insurance in Orange County, California, and the surrounding areas of Los Angeles, Orange, Riverside, San Bernardino and San Diego. The following cities in Southern California (Orange and Riverside counties) have experienced the highest death rates in the state of California in the last 10 years.
Mills Insurance Services has offices in Los Alamitos and Palm Desert and serves those in Orange County who need insurance. We offer a range of life insurance policies that make it easy for you to meet your family's financial needs.