Planning for the future is essential, especially as we age. Whether it is your wish to leave a legacy or not, making decisions about how your assets will be managed and distributed after you pass away is crucial.
Keeping track of one’s beneficiaries isn’t always an easy task. Relationships change over the years, and individuals often forget to review their beneficiaries in light of new planning goals. Furthermore, many individuals aren’t aware that their current beneficiary setup may not be as equitable or efficient as they had intended.