Imagine you pass away and the beneficiary of your life insurance policy (or other product with a beneficiary) ends up going to the wrong person.

All because your life changed, and your beneficiary should have too, but you forgot to make the changes.

It's easy to forget to keep your beneficiary up to date. But in this episode I'll explain why it's vitally important, and what can go wrong if you don't. It might keep your death benefit from ending up in unintended hands.

Listen now!

Show highlights include:

• Mindless thing most people do after listing a policy beneficiary. (1:07)
• The "411" on P.O.D.s: What "payable on death" means and why it might be better for small estates than large estates. (2:40)
• Why now is the best time to look into the probate process in your state. (4:31)
• Have a trust and an ex? Make sure you do this one thing. (5:06)
• Practical reason your parents shouldn't be your beneficiary. (5:32)
• Still want an ex to be your beneficiary? What to know–and do–to be sure your state doesn't interfere and wreck your planning. (7:31)
• Why you can't expect a new spouse to be automatically designated as your beneficiary. (8:38)

Reach out to me:

valerie@alphaomegawealth.com

https://www.linkedin.com/in/valerie-laroque-lacp-b569509

Infinite Banking Mastery (infinitebankingnorthwest.com)