‼️Most parents think naming their child as a life insurance beneficiary is enough. 𝗜𝘁 𝗶𝘀 𝗻𝗼𝘁 𝘁𝗵𝗮𝘁 𝘀𝗶𝗺𝗽𝗹𝗲. 🚫 Insurance companies 𝗰𝗮𝗻𝗻𝗼𝘁 release large payouts directly to minors. That usually means 𝗰𝗼𝘂𝗿𝘁 𝗶𝗻𝘃𝗼𝗹𝘃𝗲𝗺𝗲𝗻𝘁. That can mean 𝗱𝗲𝗹𝗮𝘆𝘀. That can mean 𝗹𝗲𝗴𝗮𝗹 𝗳𝗲𝗲𝘀. 😭 And the person managing that money may not be the person you would have chosen. There is a better way. 👏🏾 With proper planning, 𝗬𝗢𝗨 control how and when the money is used for
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