Check Who’s Benefiting from Your Policy, and Other Estate Planning Tips

A prestigious law firm just published it’s top five estate planning tips for 2014.

Number one on the list?

“Check your life insurance beneficiary designation.”

Life Changes Can Change Your Policy

Margaret Barr of McBrayer, McGinnis, Leslie and Kirkland explains why:

“Divorce, births, deaths, and changes in relationship can alter one’s wishes for who should receive the benefits.”

She urges us to look as well at our stock proceeds and other items. Here is her complete list.

Who, What, When, Why of Estate Planning

CNNMoney explains what you need to know about estate planning, including why you need a will in the first place and how to assign power of attorney.

 

 

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