#beneficiarydesignations

[memorialmerits]

The process of probate can seem

[legacyassuranceplan]

Call Legacy Plan today at 844-445-3422. https://youtu.be/A2BlDjRtmGY?si=N-dOOqa8_cXMwxbN

[20westlegal]

Think naming beneficiaries is enough for your estate plan? 🛑

Many financial advisors and accountants might tell you that it's all you need, but they often overlook hidden risks that could jeopardize your family’s financial future. 😱

Discover the potential pitfalls and why a comprehensive estate plan is crucial for true security. 🌟

👉 Read more to learn how to safeguard your family’s future: tinyurl.com/beneficiary-designations-risks

[legacyassuranceplan]

Call Legacy Plan today at 844-445-3422. https://youtu.be/A2BlDjRtmGY?si=N-dOOqa8_cXMwxbN

[legacyassuranceplan]

In the intricate world of estate planning, beneficiary designations, and trusts serve as two dominant threads! https://legacyassuranceplan.com/articles/beneficiary/trusts-and-beneficiary-designations-compare-regarding-flexibility

[legacyassuranceplan]

Call Legacy Plan at 844-445-3422. https://legacyassuranceplan.com/articles/beneficiary/risks-of-pay-on-death-accounts-estate-planning

[20westlegal]

Have you thought about who will inherit your assets if something happens to you? Many set beneficiary designations but forget to update them.

Regularly review your beneficiary designations to protect your legacy and ensure your assets go to the right people.

👉 Read more to safeguard your future! https://bit.ly/miliondollarmistake

[20westlegal]

Designating beneficiaries is crucial but often mishandled. Common errors like outdated lists or misunderstandings can disrupt your plans.

Avoid these mistakes and ensure your assets are properly allocated.

👉 Contact us for expert guidance on beneficiary designation. http://bit.ly/20westlegalmeetingscheduler

[20westlegal]

Life insurance is a must for almost everyone. Like, what if something did happen to you? Would your family be financially okay?

It's important to ensure that you not only have enough coverage to provide your family with financial security, but it is equally important to handle beneficiaries in the proper way.

Take a moment to read our latest blog post. You can rest easy knowing that there are options to avoid these common mistakes when it comes to being more specific with one's insurance policy.

We've outlined four common mistakes people accidentally make when filling out their beneficiary designation forms, two of which involve not choosing the right beneficiary.

At the end of the article, we urge you to review your beneficiary designations and check whether or not any of these errors apply to you.

Read here to learn more: https://bit.ly/mistakesonbeneficiarydesignations . . . #lifeinsurance #LifeInsuranceMistakes #BeneficiaryDesignations #namingbeneficiary #beneficiary #insurance #lawyer #estateplanningtips #estateplanning #sudburyinsurance #sudburymoms #sudburyfamilies #sudburylawfirm #estateplanninglawyer #20westlegal

[20westlegal]

If you are soon-to-be-married or recently married, include estate planning on your to-do list.

One of the impacts of not doing it is in case of your incapacity and eventual death, the person you love most in the world would not have the legal authority to make your medical decisions.

So, getting estate planning as part of your wedding plan is the greatest gift you can give your soon-to-be spouse.

Here are six essential items you need to address in your plan. https://bit.ly/3yICays

[20westlegal]

Ask Me Anything "EPISODE 7" | Erica Endyke

Question: What is a TOD?

For more AMA videos, subscribe here http://ow.ly/6eK050DRzFO

"Protect what matters most, no matter what."

[20westlegal]

Beneficiary designations are the most overlooked aspect of estate planning - kind of scary, especially for parents with minor kids like me! 

Most people don't know how important it is over the last Will. I used to be one of those lawyers who got it wrong too. But because of my experiences facing various estate planning scenarios - I was amazed at how much my clients have taught me. So today, every time we create an estate plan, beneficiary designations are the part I would never miss with my clients. 

Here's how important your beneficiary designations are and what you can do to make sure it's included in your plan: http://ow.ly/l37L50E3NoC?

[20westlegal]

Probate can create conflict among family members. If you leave all of your assets to one relative, someone else might contest the will, increasing the costs and strife your family must endure.

Beneficiary designations help you avoid probate when you set up an estate plan. A beneficiary designation allows you to name the person (or people) you’d like to inherit your asset upon your death.

Some of the most common assets that use beneficiary designations include: 👉 Retirement accounts, IRAs, 401(k)s, and pensions 👉 Life insurance or annuity proceeds 👉 Payable-on-death (POD) bank accounts 👉 Transfer-on-death (TOD) property, such as bonds, stocks, vehicles, and real estate

While some of your assets will bypass probate after you die, most of your assets will require advanced estate planning. It will ensure your loved ones can access them immediately without the need for any court proceedings if something happens to you.

The best way to determine which estate planning strategies are best suited for your situation is to meet with us for a Family Wealth Planning Session, the first step in our Life & Legacy Planning Process.

Contact us today or book your appointment here: https://bit.ly/schedulewitherica

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