Beneficiary Designations: Getting Started
Naming the individuals and charities that will receive your assets once you are gone can be a simple process. Most assets can pass to your intended beneficiaries by the terms of your will. Other assets, such as retirement plans, life insurance and insurance annuities, however, are not controlled by the terms of your will. These assets instead require separate beneficiary forms.
The beneficiaries of these assets can be easily modified at any time to meet your changing needs:
- IRAs and retirement plans
- Life insurance policies
- Insurance annuities
Getting Started | IRA and Retirement Plan Beneficiaries | Life Insurance Policy Beneficiaries | Insurance Annuity Beneficiaries | Action Items