Updating BeneficiariesSubmitted by Headwater Investment Consulting on November 25th, 2015
By CB Mason
As you gather with family and friends this holiday season, it is a wonderful time to enjoy the company of loved ones and feast on the perfectly roasted turkey or savor a “family favorite” recipe. Maybe there has been an addition to the family, a marriage or birth, multiplying the members around your holiday table. Or perhaps you find yourself remembering someone who no longer needs a place setting. This holiday, please also take a moment to think about any “family changes” that have happened since you last updated your beneficiaries (which may mean thinking back to when you opened your accounts!). Accounts that list beneficiaries include retirement accounts, brokerage or bank accounts that have “Transfer on Death” designation, annuities, and insurance policies. You may also need to update your estate plan (like your trust agreements and will). To update your beneficiaries on your Fidelity account, give us a call or check out this blog entry.