How a Per Stirpes Designation Protects Your Legacy

Episode 55 of Estate Planning with Fexingo dives into the difference between per stirpes and per capita beneficiary designations. Lucas and Luna walk through a real-world example: a family with three adult children, one of whom predeceases leaving two grandchildren. They explain why a per stirpes designation ensures assets flow to the deceased child's descendants, while per capita could accidentally disinherit them. The hosts also touch on common pitfalls, including outdated beneficiary forms at brokerages and retirement accounts, and why a simple will update can override an old designation in an insurance policy. They close with a practical checklist for listeners to review their own estate documents. #PerStirpes #PerCapita #BeneficiaryDesignations #EstatePlanning #WillsAndTrusts #Inheritance #LegacyPlanning #AssetDistribution #FamilyWealth #ProbateAvoidance #RetirementAccounts #LifeInsurance #EstateTax #Finance #PersonalFinance #FexingoBusiness #BusinessPodcast #EstatePlanningWithFexingo Keep every episode free: buymeacoffee.com/fexingo