Do You Have the Correct Beneficiary Designations?

Probably not! A majority of people have either outdated or inappropriate designations.

Have you had a life-changing event such as a marriage, divorce, or the birth of a child? Or, have you just not thought about it, or just not gotten around to it?

The financial implications that designation errors can have on an estate could be devastating. Mistakes in naming beneficiaries may result in the disinheritance of children and grandchildren and delays in providing for the financial needs of loved ones. They may also result in unnecessary expenses and taxes.

Take some time now to determine if your beneficiary designations are accurate and then review your designations on a periodic basis.

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