Properly Handling Beneficiary Designations
In a recent article on morningstar.com, Christine Benz offered some practical advice on how to handle beneficiary designations. If you have retirement plans, life insurance policies or annuities, your signed beneficiary forms, and not your will, determine who will inherit those assets.
Because naming beneficiaries has significant repercussions for your estate and your loved ones, it may be helpful to seek qualified counsel from a CPA or attorney. The morningstar.com article is available by clicking here.