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Are your Beneficiary Designations up to date?
With so much going on in our busy lives, it can be difficult to take care of financial "housekeeping" chores, even though we realize their importance. An urgent task we encourage you to address promptly is to make sure your beneficiary designations are current for all your investments, insurance and financial-related accounts.
Following are some reasons we stress the importance of reviewing designations together:
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If your beneficiary information is not current, in the event of your untimely passing your assets could be distributed to an unintended heir. This may be true even if you have an up-to-date will, as beneficiary designations often trump all other legal documents.
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Having proper designations in place may extend tax-related benefits and reduce the tax burden for your beneficiaries.
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Taking a small amount of time to update and verify your designations will ensure that your wishes are met, and will prevent your beneficiaries from bearing added stress due to legal complications.
 If you are not 100% certain that your beneficiary designations are current, please email us or call our office today and we will work with you to take care of this most important matter. Or, you may download and use our Beneficiary List (a fill-in pdf) to get started today.
We appreciate your trust in us to help you manage your investments and finances, and it is an honor to help you make sure your loved ones are cared for.
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