The irrevocable beneficiary designation is an important designation ... not receive any portion of the death benefit. Under the per stirpes method, if the beneficiary predeceases the insured ...

Beneficiaries designated for financial accounts, such as an insurance policy or retirement account, aren't affected by changes to a will. These direct designations take precedence. The names of ...

Forbes contributors publish independent expert analyses and insights. Ashley L. Case, J.D., LL.M., writes about tax and estate planning.

Signing well-designed last wills and revocable living trusts is just the beginning of a longer process to create an “ideal ...

It is important that these designations are kept up to date and are consistent with the rest of your estate plan. When you open up an investment account or retirement plan or buy life insurance, the ...

One of the most tangible ways to create a lasting, meaningful impact on your community is through a charitable bequest. While wills and trusts are the most common methods for doing so, beneficiary ...

While wills and trusts are the most common methods for doing so, beneficiary designations offer a simple and effective complement to these estate planning tools. A beneficiary designation allows ...

Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three years of experience covering financial topics like ...

This does not have to be your story. Start by knowing when and how to update your beneficiary designations with these simple steps: 1. Know which accounts allow you to designate a beneficiary.

Sorry, currently no updates on this topic.