Blog

You Probably Have More Than 1 Will

Not literally. But, in a very real sense you do. What does a Will do? One thing it does is it determines who gets certain things that you own when you die. The beneficiary form on your life insurance policies and retirement plans also determine who gets certain things when you die, namely life insurance proceeds and retirement plans. So, a beneficiary form, in a way, is very much like a Will – they both determine who receives certain things that you own when you pass. Here’s the catch though and what many (if not most) people do not realize: in general, the person you name on the beneficiary form overrides what your Will says. That is, your Will does NOT control how all assets pass. Let me i

Recent Posts
Archive
Search By Tags
Follow Us
  • LinkedIn Social Icon
  • Facebook Social Icon