However, simple beneficiary designation forms, which govern retirement accounts, insurance contracts, and even bank and brokerage accounts, may actually control the distribution of the bulk of an ...

A beneficiary check up is an important part of your regular financial and estate planning. A steady stream of court cases and IRS rulings shows that many people fail to perform this simple step.

Naming a beneficiary is generally a simple matter. The forms for the account or policy will ask you to provide the person’s full legal name and relationship to you, such as spouse, child or parent.

Filling out the beneficiary form for annuities might seem simple. Just fill in the names and move on. But Jeffrey Levine, an individual retirement account (IRA) consultant with Ed Slott and Co ...

They could be disqualified from Medicaid and Supplemental Security Income by receiving over $2,000 as an inheritance. By setting up a trust as your beneficiary, you can avoid this issue and the ...

Whether you know it or not, you’ve probably filled out and signed several beneficiary forms. Life insurance policies have them. Credit union accounts have them. Disability insurance policies ...

However, simple beneficiary designation forms, which govern retirement accounts, insurance contracts, and even bank and brokerage accounts, may actually control the distribution of the bulk of an ...

For many retirees, individual retirement accounts are their single largest asset, a financial war chest meant to supplement their income during their lifetime and provide for their heirs once they ...

By naming a beneficiary for your bank account, you can make sure the funds reach your loved ones sooner, without putting them through the probate process.

The new form is refreshingly simple. It calls for the vehicle owner's name and signature; the name of the transfer-on-death beneficiary; the year, make, model and vehicle identification number ...