• 3 months ago
Review Your Beneficiary Designations Regularly.
Beneficiary designations on accounts like retirement plans life insurance and payableondeath accounts override your will making it crucial to keep them uptodate. Life events such as marriage divorce or the birth of a child may necessitate changes to your beneficiaries. Regularly reviewing and updating your designations ensures your assets go to the intended recipients.




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Transcript
00:00Review your beneficiary designations regularly.
00:03Beneficiary designations on accounts like retirement plans, life insurance, and payable on death accounts override your will, making it crucial to keep them up-to-date.
00:14Life events such as marriage, divorce, or the birth of a child may necessitate changes to your beneficiaries.
00:21Regularly reviewing and updating your designations ensures your assets go to the intended recipients.

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