Many people don’t realize the importance of current and accurate beneficiary designations for certain assets. A key part of estate planning is ensuring that beneficiary designations are up-to-date.

Some financial products like life insurance or tax-advantaged retirement accounts require you to name one or more beneficiaries. However, that's not the case with many assets. For instance, you can ...

Proper account titling and beneficiary designations prevent estate plan failures and ensure smooth asset transfers for ...

Beneficiary designations are among the most important legacy decisions you will make. A variety of financial accounts, including retirement plans and life insurance policies, allow you to designate ...

As estate planning attorneys, we have had to answer that question many times. If the client has a tax-advantaged account, the answer may be “No!” What is a tax-advantaged account? A tax-advantaged ...

One of the biggest myths and misconceptions of estate planning is that a will controls the disposition of all one’s assets at death. This is not the case. Failing to distinguish the difference between ...

It is surprisingly easy and common to make mistakes when designating beneficiaries on retirement and investment accounts. While you may think it isn’t a big deal, mistakes with beneficiaries can be ...