Never name your kids as direct beneficiaries of your life insurance policy. Here’s why: Minor children can’t receive death benefits, so the money goes through probate. A judge then appoints a guardian to manage the funds, which are handed over to your child when they turn 18. Instead, set up a living trust and name it as the beneficiary. This allows you to control how the money is used and distributed, safeguarding your child’s financial future. Comment “trust” for my Living Trust Guide and masterclass. Comment “life” for a free life insurance consultation. #EstatePlanning #LifeInsurance #LivingTrust #FinancialPlanning #Probate #MinorBeneficiary #Trusts #WealthManagement #FinancialSecurity #LegacyPlanning