You probably have a life insurance policy from years ago, a retirement plan from your first job, or an IRA you’ve steadily contributed to over the years. These assets were set up to protect your financial future and support your loved ones. But when was the last time you checked your beneficiary designations?
Life changes—whether it’s a divorce, remarriage, or the addition of new family members—can impact who you want to receive your assets. If you haven’t updated your designations in a while, they may no longer reflect your current wishes. The last thing you want is for your assets to go to an unintended recipient because of an oversight.
We know that reviewing beneficiary designations can be one of those tasks you keep pushing off. But the cost of neglecting this simple step can be significant. At Axis Estate Planning, we urge you to take a moment to review your designations today. It’s a quick process that can ensure your hard-earned assets go exactly where you want them to when the time comes. Don’t wait—protect your legacy by making sure your beneficiary designations are up to date.
