Why Beneficiary Designations Matter More Than You Think

Most people assume their will or trust controls how all their assets are distributed—but that’s not always true. Accounts with beneficiary, transfer-on-death (TOD), or payable-on-death (POD) designations actually override what’s written in your estate plan. That includes retirement accounts, bank accounts, life insurance, and even real estate in some states. If your beneficiary designations are out […]