When you go to set up an IRA or financial account, one simple, critical step is designating a beneficiary. This very important detail is too often overlooked or skipped over, causing mistakes that are incredibly hard to fix once you’re gone. In today’s podcast, David outlines the four biggest mistakes he commonly sees with beneficiary designations and what you can do to fix them before it’s too late.
It is all too easy to make assumptions when it comes to beneficiaries. For example, one might think that mentioning someone in their will is enough. However, that assumption is far from accurate. Join us as we delve into the intricacies of beneficiary designations and shed light on the importance of funding your trust, understanding the difference between per stirpes and per capita rules, and more.
Here are the big mistakes you’ll want to avoid:
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CONTACT US
OUR LOCATION
10975 Grandview Drive
Building 27, Suite 190
Overland Park, KS 66210
Get Directions
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