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Change of Beneficiary American General Life Companies Form

Change of Beneficiary American General Life Companies Form

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welcome to frank bruno law continuing my series i'll show it for the camera 34 common estate planning traps and how to avoid them so i'm in the section of neglecting to maintain your estate plan right an estate plan is not a set it and forget it type of event periodically you should review it you should review it at certain milestone events and i've detailed those over the last four days number 25 is forgetting to update your beneficiary designations after a divorce so two things people uh forget to do they have retirement accounts 401 k 403 b 437a right or they also have life insurance policies now after a divorce you should change the beneficiary designation now that's assuming i mean if you got divorced maybe the marriage wasn't going so well you may have attempted to change the beneficiary ahead of time well with pension plans and union work you're not allowed to change the beneficiary designation without that person signing off but after a divorce you are permitted and in some cas

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