Assets such as life insurance, annuities, pension plans, 401ks and IRAs have beneficiary designation forms as part of the set-up process. Remember to check that your beneficiary designations were made, and if you have a revocable trust, that you have changed title to assets to comport with your wishes. Make particular note of any newly-acquired asset, life insurance policy, or real estate purchase (particularly if out of state).

ACTEC Fellows dig into the complexities around beneficiary designations so that viewers understand the essential facts.

If you have questions about titling, beneficiary designations, or other matters, please do not hesitate to give Schooley Law Firm a call.