No, they don't. Policy beneficiaries get life insurance benefits. If the heirs aren't; the beneficiaries, they don't get life insurance proceeds. |
| Our four kids would get $1.4 million each. We don't have life insurance because we don't need it. |
| 3 kids. 2 million each plus over 20 million in commercial real estate. |
so much many they wouldn't know what to do - jealous yet
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2M each
We have 3 kids |
| About $4M per kid. But oldest 2 will need to deal with guardian issues of minors. |
Practically speaking, for the majority of people, their life insurance beneficiaries are also their heirs. |
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Just to introduce a dose of reality into DCUM World of the 1%, the wealthiest 10% of families have inherited an average of $367,000.
https://peoplespolicyproject.org/2017/10/10/the-wealthiest-1-inherited-an-average-of-4-8-million/ |
| 1.75 mil each. |
| They'd divide roughly $60M |
May I ask what type of work you and your DH do? |
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3 kids early elementary and younger
$10M each |
| about 3 million each |
| About 1.4 million each, two kids, ages 2 and 4. |
| Two kids, they would split about 2 M in retirement accounts and home equity and each receive about $2M in insurance. |