Beneficiary Designations Matter
Keeping your beneficiary designations updated on IRAs, life insurance, and retirement plans is essential for effective estate planning. Life changes like marriage, divorce, or having kids may require updates to help ensure your assets go where you intend. Avoid probate, can minimize taxes, and keep your plan in sync. Take a few minutes to review your designations for reassurance for you and your loved ones.
Need help updating yours? Or know someone who may need our advice? Connect with us using the link in the comments below.
Raymond James and its advisors do not offer tax or legal advice. You should discuss any tax or legal matters with the appropriate professional.
