OCR Text |
Show O HillmpTimes September 4, 2003 'By Law' overlooks beneficiaries as the beneficiary Workshop studies spending by Dotti Blesse Family Support Center Personal Financial Management advisor Are you ready for that magical time of year the Christmas holidays? There are ways to enjoy the magic without the finan cial stress. The Family Support Center is offering the "$mart Holiday your "budget" will go out the window. Plan for the holidays by making a list of who you're buying for and what gift that person will enjoy. Don't go shopping without this list and stick to it. If your budget is stretched this year, consider drawing names. If there is a particular craft low-cos- n, and Sept. 18 from p.m. Call Ext 74681 to sign up. Some ideas for keeping holiday spending under control are: 3--4 Look over your current spending plan and determine how much you can afford to spend, then resolve not to go over your spending limit Budget if you currently make more than the minimum payment on your credit card bills, make just the minimum payment, and allocate the difference toward gifts. Avoid using your credit card; other-wis- e children don't remember what gifts they received. For individual assistance in drawing up a to holiday spending plan, call Ext. make a budgeting appointment. Physical therapy asking patients to return crutches The 75th Medical Group Physical Therapy Service requests that all unneeded, previously issued crutches be returned to the physical therapy department. People who return the crutches will help ensure the continued availability of this service. For more information, contact Tech. Sgt. Daniel Wilson at Ext. 1 ... NEWS BRIEFS bottles sumers. An FDA statement says six lots of of Lipitor were voluntarily recalled by its distributor, Albers Medical Distributors, Inc. According to the FDA, the labels on the counterfeit Lipitor say, "Repackaged by MED-PRd corner. Lots Inc. Lexington, Neb." in the lower involved in this recall are: 20722V bottles, 10 announces counterfeit Lipitor recall U. S. Food and Administration is m FDA voluntary Drug recalling the cholesterol-lowerin- g drug Lipitor because some lots were found to contain counterfeit Lipitor, representing a potentially significant risk to consumers. Lipitor is a frequently prescribed medication for TRICARE beneficiaries using civilian network retail pharmacies. To date, no adverse reactions have been reported by con- - left-han- - 90-tabl- et 04132V- bottles, 10 mg., mg., expires ; 16942V bottles, 10 mg., expires expires 20842- Vbottles, 10 mg., expires D270481 16092- Vbottles, 10 mg., expires not available. - 90 tablet bottles, 20 mg., expiration date Inc." Any Lipitor labeled as "Repackaged by MED-PRwith any of these six lot numbers should be return to the pharmacy immediately. 90-tabl- et 09-200- 4; 09-200- 4; 90-tabl- et 07-200- 4; 90-tabl- et A L case lot sale planning huge Commissary canned of at the case lot sale, paper goods, Commissary, A Xri'Care Provider Now Available for Adults C p drug-addicte- , ; 1:30-2:3- 7:30-8:3- 12-1- 4. 12-1- B Web sites provide voting info California is one of many states holding elections or special elections this year. To obtain voting information for individual states, go to http:www.fvap.govother-linksstatelinks.htm- l. Unit voting counselors and absentee voting information for Hill AFB personnel can be found at http:www.hill.af.milsitevoting. For more information, contact Maj. David Calder, Hill AFB Voting Officer, Ext. if LINE, flJC. "WE PAY YOUR NEXT PAYCHECK TODAY!" Children and Adults Arcade Games Latest Technology in Painless Dentistry OGDEN WEST VALLEY 973-040- 4 622-891- 1 3460 S. Redwood Rd. 2070 Harrison Blvd. (NW Canyon Plaza Shopping Center, Next to Albertson's & m 728-080- 0 1596 North Hill Field Corner 35th Redwood) SALT LAKE CITY LAYTON wwmm Rd.H (Layton Hills Business Park) 272-690- 0 PHONE APPLICATIONS ACCEPTED. 3950 S. Highland Dr. (Corner Plaza Shopping Center) COMMUNITY MATTERS 4 SERVE YOUR HOMETOWN AS A MEMBER - OF THE AIR NATIONAL GUARD J your Air Force :1: - I f - - As an active and integral part of our communities, the Air National Guard is always there -in the best of times and the worst of times. While you may be thinking of returning to civilian life, experience and leadership qualities are still very much needed by your hometown V In fX ... A r- - the Air return for your National Guard. part-tim- service, the Air National Guard will e Count time served on active duty toward your Air Guard retirement Recognize the military rank you held A Offer additional training 'v in at time of active duty discharge your field or a completely new career Provide eligibility for the VA Home Loan Program Reinstate many of your active duty military benefits V Enter a new era of military service. Call more information. today for ( his entire military career, the member had ; sent monthly allotments to the foster parents ; who raised him. Yet when he died, his SGLI ' proceeds went not to the "parents" he intended d mother natural but to the who had abandoned him as a child. Without a specific indication of who you intend to be your beneficiary, no one can confidently predict how a "By Law" designation will be distributed. Instead of leaving the distribution of this valuable benefit to chance, take a few minutes to specifically name the intended beneficiaries of your SGLI policy. Review the beneficiaries you have listed regularly when you PCS, prepare to deploy or whenever circumstances affecting your family arise, such as a birth, death, marriage, divorce or separation. This best ensures the proceeds from your SGLI policy are distributed in a timely manner only to those who you wish to receive payment For more information about SGLI benefits, visit the Military Personnel Flight in Bldg. 180, or drop by the legal office during legal assistance hours Tuesday and Thursday, 0 0 p.m. a.m., or Wednesday, to speak with an attorney. goods, beverages, household goods, snack foods and much Frozen, chilled, meat, promore, is planned for Sept duce, deli and bakery specials will be available inside the Commissary. The sale is from 9 a.m. to 6 p.m., Sept. 3 and from 9 a.m. to 4 p.m., Sept. 14. To visit the Hill AFB Commissary on the Web, go to www.commissaries.com and click on locations. mi IDeiitistry GeneraV7 Dentist active duty with "By Law" designation for SGLI illustrates this point. For -90- -tablet 01-20- Tro odLIsittiric J. .. 90-cou- nt 09-200- 4; The insurance proceeds upon your death? Most servicemembers understand the value of being able to leave up to $250,000 to their loved ones via their SGLI benefit But many unknowingly put at risk their intended beneficiaries' ability to collect payment from the policy. By writing "By Law" as the policy's beneficiary, you give up or forfeit control of the distribution of the proceeds. This opens the door to claims, disputes and potentially lengthy litigation by third parties claiming to be beneficiaries under the "By Law" distribution scheme. When you use a "By Law" beneficiary designation on your SGLI policy, a court may end up interpreting the distribution of your benefit using definitions from the SGLI statute and state laws. As these laws vary from state to state, the legal definition of terms like "spouse," "child," "parent" and "next of kin" may not be the same as you intended. For instance, the term "parent" generally does not include foster parents or stepparents. An actual c?"? of a member who died on you enjoy doing, make gifts for people on your list The base Skills Development Center has t craft classes; avariety of learn a skill now so you can make gifts, and acquire a hobby for life. Call Skills Development for class inforat Ext. mation. Get people what they really want or need. Cut back on the number of toys you give your children; a month after Christmas, most Spending" workshop twice Sept 11 from 11 a.m.-noo- by Capt. Matthew Burris Chief, Legal Assistance If your Servicemen's Group life Insurance benefits are designated to be distributed "By Law," do you know who would receive the Fuel Your Future Air National Guard |