Legacy Files Episode 1: The Ex-Wife Surprise

Uncle Bob thought he had plenty of time to update his beneficiary forms. Years later, his family discovers that his life insurance policy is still set to his ex-wife instead of his current spouse. Through a humorous but eye-opening story, this episode reveals why beneficiary designations matter and how one overlooked form can change everything.Lesson: Your will doesn't automatically override beneficiary designations. Regularly reviewing and updating your accounts can help ensure your assets go to the people you intend.