WHAT ARE MISTAKES TO AVOID WITH BENEFICIARY DESIGNATIONS? Many people don’t know that their will doesn’t control who inherits all of their assets when they die. Some assets pass by beneficiary designation. Assets like life insurance, annuities and retirement accounts all pass by beneficiary designation.
Kiplinger’s recent article entitled “Beneficiary Designations: 5 Critical Mistakes to Avoid” lists five critical mistakes to avoid when dealing with your beneficiary designations:
WHAT ARE MISTAKES TO AVOID WITH BENEFICIARY DESIGNATIONS?
Reference: Kiplinger (June 6, 2022) “Beneficiary Designations: 5 Critical Mistakes to Avoid”
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