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Financial Independence30 mineasy

Name Your Beneficiaries

Beneficiary designations override a will. An out-of-date one sends money to the wrong person, and nobody can stop it.

Worth +8 to Financial

0 / 5 steps

The steps

  1. Step 1

    List every retirement account, brokerage account and life insurance policy

  2. Step 2

    Log into each and check who is actually named

  3. Step 3

    Update anything that reflects an old marriage, an old address or a dead relative

  4. Step 4

    Name a contingent beneficiary as well as a primary

  5. Step 5

    Recheck after any birth, death, marriage or divorce