Number Seven Beats Your Will And Your Trust

There are seven pieces to a complete estate plan. Most people can name two. The trust says who receives what and on what terms. The will names who would raise anyone still in your care and catches whatever missed the trust. Then the two powers of attorney, the living will, and the HIPAA release. Number seven is the beneficiary form on every retirement account and life insurance policy you own. That form beats your will and it beats your trust. Whoever is named on it receives the money. Comment FOLDER and I will tell you which one people are missing most often. #EstatePlanning #Arizona #Retirement #Phoenix #Trusts