Long court battles ensued because no one took the time to update a simple beneficiary form. This is a very preventable mistake that can be avoided with such a modest effort.

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 ...

Your 401(k) doesn’t just disappear when you die. Here’s how it’s transferred, who gets it, the tax impact, and why ...

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 ...

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 ...

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 ...

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.

Inheriting an IRA can be complex. The rules differ based on your relationship to the deceased, your age and even their age at death. One misstep can trigger hefty penalties or tax bills you can’t undo ...

Form I-130A, "Supplemental Information for Spouse Beneficiary," is an important form in the family-based immigration procedure. This article will explain who needs to file Form I-130A, who ...

Paper: Call PERF at 888-526-1687 and request a beneficiary change form be sent by mail. TIAA. Police Officers and Firefighters Pension Plan: Paper: Designation of Survivor and Beneficiary Information ...

A beneficiary is a person or entity you designate to receive the benefits of a particular account or policy after your death. Designating, reviewing and updating beneficiaries are basic tasks of ...

By Shali Ekandjo, Key Account Officer, Momentum Metropolitan.In the sphere of financial planning, few actions are as straightforward yet significant as routinely updating the beneficiaries of your ...