ABOUT THIS EPISODE
What happens to your money when you pass away? Most people assume their will controls everything. It does not.
In this episode, Ray Godleski breaks down why beneficiary designations are often the most important, and most overlooked, part of an estate plan. One outdated form can send money to the wrong person, trigger unnecessary taxes, delay transfers for months, or accidentally disinherit someone you intended to protect.
You'll learn:
- Why beneficiary forms often override your will and what that means for your estate plan
- The six most common beneficiary mistakes families make and how to avoid them
- When naming a trust as a beneficiary makes sense and when it creates a costly tax trap
- Why trust tax brackets are punitive and how compressed they really are compared to individual rates
- A simple checklist to review your beneficiary designations before it is too late
If you're within a few years of retirement and want clarity around your retirement plan, book a complimentary consultation to build a strategy tailored to you:
Book a Consultation: https://app.greminders.com/e/9bfdfdf70740f21a2e1cec4140dd884dd4ef6365
Tune in to make sure your estate plan actually works the way you intended.
🎙 Follow the show on Apple Podcasts: https://podcasts.apple.com/us/podcast/executive-retirement-compass-financial-planning-to/id1796392113
📧 info@SeWealthPartners.com
Questions welcome. Real answers given.
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