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 CRTs might introduce complexity into the estate and tax planning, under certain circumstances and with thoughtful ...

If a designated beneficiary is subject to the life expectancy ... date—except that the five years is increased to 10 years. No Form 5329 and No Further Action Required for Automatic Waivers ...

The primary beneficiaries are those explicitly named in the retirement plan’s beneficiary designation form. This document ...

Many joint bank accounts include rights of survivorship, which means that after one account owner dies, any remaining owners retain ownership of the funds in the account, without interruption. If ...

An ambiguous, incomplete or missing designated beneficiary form can sink an estate plan. Many people assume they filled out the form correctly at one point. “You ask who their beneficiary is ...

Many assets pass by beneficiary designation — which is the ability to fill out a form with the financial company holding the asset and name who will inherit the asset upon your death.

such as the beneficiary designation form and the plan's terms and conditions. “When the primary 401(k) holder passes away, the beneficiary should contact the plan administrator to begin ...

Most consumers are familiar with the beneficiary designation form they complete when opening an IRA or 401(k). The form designates who receives the asset if the account owner dies. Yet ...

So, it doesn’t affect you. You still have RMDs, your stretch IRA, that extended payout, if you were a designated beneficiary, meaning named on the beneficiary form. However, if you inherited in ...

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 ...

# THREE years after the death of public school teacher Jay Roosevelt, his mother says she is still unable to access gratuity and backpay owed to him — despite being listed as his sole beneficiary.