on May 14, 2015
Life insurance policyholders and their newlywed beneficiaries may want to head immediately from the altar to the office to change beneficiary designations if their life insurance is in the form of a federally funded policy under The Federal Employees' Group Life Insurance Act of 1954 ("FEGLIA"). While most people understand that the failure of a policyholder to update a beneficiary designation can have especially devastating—and presumably unintended—consequences where beneficiary designations are not changed after divorce and remarriage, the Supreme Court has cemented that concept in certain situations....
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on February 20, 2015
Most businesses operate with a document retention plan in place to provide for the systematic review, retention, and destruction of documents that are created or received in the ordinary course of business....
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