Category: Beneficiary Designation

The Most Dangerous Estate Planning Traps

June 11, 2015 Victor Medina Beneficiary Designation, Estate Planning, Powers of Attorney 0 Comments

The oversights — those are what’ll “get ya.” We recently came across an opinion piece written by a wealth management professional in Florida, recounting some of the more frequent mistakes she’s seen her clients make in their estate plans. Sure enough, they look pretty familiar. View image | gettyimages.com Time and again, people who decide to “go […]

When Was The Last Time You Reviewed Your Beneficiary Designations?

April 10, 2014 Victor Medina Asset Distribution, Beneficiary Designation, Estate Planning 0 Comments

Maybe it’s the IRA you have meticulously made contributions to for the last twenty years. Or the retirement plan you established with your employer the very day you began work at the company. Or that insurance policy you bought many years ago. You created them not only to protect your financial future, but also the […]

If You Don’t Plan Ahead, New Jersey Has An Estate Plan For You, And You’re Not Going To Like It

March 20, 2014 Victor Medina Asset Distribution, Beneficiary Designation, Estate Planning, Inheritance, Trusts, Wills 0 Comments

In New Jersey, if a person passes away without a will or trust, his or her estate assets are distributed according to what is known as intestate succession. It’s an estate plan of sorts, and for most people, not a very good one. Certain assets are not subject to New Jersey’s intestate succession laws. These […]