The 4 Pillars of Estate Planning
The 4 Pillars of Estate Planning 1. Beneficiary Designations and Updates Make sure your beneficiaries are up to date on your financial accounts. These can include brokerage accounts, IRAs, life insurance policies, bank accounts, and more. Consult with your attorney about ways to transfer accounts to your beneficiaries (known as TOD – Transfer on Death) – this could enable funds to skip…