Updating your beneficiary designations is essential to ensure your wishes will be carried out when you are gone. Your beneficiary designations control the distribution of your assets, not your Will or Trust which is a common misconception. When the person you name as beneficiary on a life insurance policy or retirement account is different from the person you name in your Will, the beneficiary designations override the Will.

Inconsistencies in legal documents can lead to a family feud, we want to avoid that. Alloy Wealth offers estate planning services and will gladly help you create a legacy plan designed to manage your affairs during your lifetime and after you’re gone. With our help, your wishes will be clear, and your legacy will be protected. Beyond a Will, there are several legal documents that are essential to an estate plan like a Living Will and Durable Power of Attorney. There are also insurance policies that can protect you from long-term care expenses and allow for a tax-free distribution of wealth to your heirs.

Estate planning is like putting a puzzle together. The idea may seem daunting, but we make it easy. We will work with fee-based attorneys to create then file all the legal documents you need. We’ll then organize everything in a binder and walk you through each document, so you’ll be better prepared to explain your estate plan to your family. 

Call 800-689-3935 to schedule an appointment for peace of mind and protection for your loved ones. In the meantime, updating your beneficiary designations is something you can do on your own and should be done when you experience a life change like a divorce or death. If you need help, just reach out!