"Beneficiary designations" transfer property to beneficiaries after the owner is deceased. They are used for bank accounts, investments, insurance policies and the like. Often people fill them out once, then forget about them. They may not update them for years, or ever. However, life goes on. Divorce, death of a beneficiary, estrangement of family members, children growing up, aging of … [Read more...] about Why Beneficiary Designations are important
bank accounts
“Untransferred” Property from a Long-Ago Divorce
If you have a final order of divorce in which you (or your spouse) was awarded property, you should make certain that the proper party has actual title. Not only do you want to be sure that you have what you are entitled to have, but you are also going to want to be sure that your name isn’t still on a title that you DON’T want. Here are some problems than can occur if property from a divorce has … [Read more...] about “Untransferred” Property from a Long-Ago Divorce
