Most people assume that once they’ve set up a will or trust, their estate plan is ironclad and ready to protect their loved ones. Unfortunately, one overlooked detail in an insurance policy can completely change the outcome of your plan. An insurance clause that could nullify your entire estate plan may dictate who receives funds, bypassing your carefully written instructions. These clauses often go unnoticed until it’s too late, leading to legal battles, hurt feelings, and unintended beneficiaries. Understanding how insurance clauses interact with estate documents is crucial to ensure your legacy ends up where you intend.
