The Flip Side of Beneficiary Designations

When someone writes a will, they usually assume the plan is complete.But many assets never pass through the will at all.Registered accounts and insurance policies often have beneficiary designations attached to them, and those forms can override what the will appears to say. When the paperwork is not aligned, the result can be confusion, unequal outcomes, and difficult explanations for the executor.In this episode, I talk about the flip side of beneficiary designations and why this issue shows up more often than people expect during estate administration. The documents are usually valid. The intentions were good. The problem is simply that the forms and the will were never reviewed together.If you have not looked at your beneficiary designations in a while, it may be worth confirming that everything still fits with the rest of your plan.Read the full article to learn more.Learn more at https://nexsteps.ca/Disclaimer: This content is for general information only and is not legal, financial, medical, or tax advice.#nexsteps #beneficiaries #probate #estateadmin #financialplanning