Investor Minute

Checklist: What Issues Should I Consider When Reviewing My Beneficiaries?

Let’s Review Your Beneficiary Designations

There’s no time like the present to review your beneficiary designations. When we take the time to ensure your beneficiaries align with the instructions of your will or trust, you’ll rest assured that your intentions are realized.

In our review, we’ll:

Verify your beneficiaries are up to date to reflect your estate wishes accurately and to consider factors that may affect your heirs’ outcomes.
Discuss whether your account will transfer the way you intend if your named beneficiaries differ from what your will or trust dictates.
Address whether you’re concerned about an estate tax liability and review your existing beneficiaries to determine whether you can mitigate any potential estate tax issues.

Whatever the case, it is important to review your beneficiary designations periodically. We can help you have a clearer picture of who your beneficiaries are and whether your beneficiary designations align with your estate planning goals.

To facilitate a productive discussion, I’ve included a tool that will facilitate our work:

A short, one-page checklist that outlines eight considerations that are fundamental to what you should consider when reviewing your beneficiary designations. Click here to gain access to the checklist.

While the checklist can help you spot good ways to identify all the different opportunities to consider, we are always available to meet with you to discuss your finances and goals and to identify what the best opportunities are for you.

Please contact us today to schedule a time to discuss this further, or click this link to schedule.