00:00Review your beneficiary designations regularly.
00:03Beneficiary designations on accounts like retirement plans, life insurance, and payable on death accounts override your will, making it crucial to keep them up-to-date.
00:14Life events such as marriage, divorce, or the birth of a child may necessitate changes to your beneficiaries.
00:21Regularly reviewing and updating your designations ensures your assets go to the intended recipients.
Comments