The Importance of Proper Beneficiary Designations

In estate planning the details matter. In fact they matter so much that the tiniest of details can derail your entire plan. A good example of that is your beneficiary designations.

Family Lawyer Castle Rock

Beneficiary designations can be on things like bank accounts, insurance policies, IRA’s and brokerage accounts. The key question is are your beneficiary designations synchronized with your estate plan? If they are not then your estate plan can fail.

To avoid the inadvertent failure of your plan, work with your estate planning attorney to check each beneficiary designation to ensure coordination with your estate plan.

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