• When To Review Beneficiary Designation In Your Estate Planning Documents

    Do not write your estate planning documents and keep them away for the rest of your life. Review the documents and make necessary updates. For example, beneficiary designation updates will ensure your estate planning documents always reflect your current wishes. Below are circumstances that call for beneficiary designation review. Death The effect of a beneficiary's death depends on the beneficiary. For example, the death of a primary beneficiary means the residual estate gets the assets the beneficiary would have received. [Read More]