Can life insurance take the place of a Will?

No, life insurance is just one kind of property that you may own. You need a Will to give away your other assets.

Show All Answers

1. What is a Will?
2. Should everyone have a Will?
3. What if there is no Will?
4. Does a Will become outdated?
5. Must a Will be witnessed?
6. When must a Will be registered?
7. When should a Will be changed?
8. How much does a Will cost?
9. Does a Will create more probate expenses?
10. Can life insurance take the place of a Will?
11. Does joint ownership avoid the need for having a Will?
12. Are taxes payable on an estate?