His Will Said Split It Three Ways. His IRA Form Said Sarah. Who Gets It?

Bob's will says split everything equally between his three kids. But his IRA form names only his daughter, Sarah. Who gets the IRA? A: All three kids B: Just Sarah The answer is B. A beneficiary form beats a will. The same goes for life insurance, 401(k)s and payable on death accounts. Pull out your beneficiary forms this week and make sure they match your plan. What did you guess? This video is general information. Estate planning rules vary by state, so please talk with an estate planning attorney where you live about your own plan. #BeneficiaryDesignation #IRA #Will #Inheritance #EstatePlanning