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Bank Account Beneficiary Designations

Do Beneficiary Designations Apply to Bank Accounts?

POSTED ON: August 13, 2021 BY: Kyle Krull
Beneficiary designations take precedence over a last will and testament. When people think of creating or reviewing an estate plan, they often focus on the last will and testament. Although this document is certainly important, a narrow focus on a last will can lead to problems. There are other important aspects of incapacity and estate […]
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Beneficiary forms

Why Are Beneficiary Forms Important?

POSTED ON: January 26, 2021 BY: Kyle Krull
Neither your last will nor your revocable trust supersedes your beneficiary forms. Do you have a retirement account? If yes, you have likely seen a beneficiary designation form. Retirement accounts are one of several types of assets passed to heirs through beneficiary designations. Many people simply fill out the form upon the creation of the […]
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