Life Insurance for Single Parents in Nevada

Single parents often need more coverage than two-parent households—typically 15-20x annual income. Consider: income replacement until children are adults, full childcare costs, education funding, and any debts. Many single parents need $750,000-$1.5M.

Minors cannot directly receive life insurance proceeds. Options include: naming a trustee to manage funds, setting up a life insurance trust, or naming a guardian with instructions. We can help you set up appropriate beneficiary arrangements.

If your ex will have custody, they may need funds for child-rearing expenses. However, you might prefer a trust structure that ensures funds are used for children. Estate planning attorneys can help create appropriate arrangements.

Yes! Term life insurance is very affordable—even $500,000 in coverage might cost only $25-40/month for a healthy 30-something. This small expense provides critical protection for your children.