When crafting your estate plan, it is important to understand what you have and who you want to leave it to. But you may also want to speak with your beneficiaries before creating your plan to find out if the person you plan to give an item to wants the item, particularly if the item has storage or maintenance requirements that the person will be responsible for.
Tag Archives: Beneficiary
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Some people mistakenly designate the child’s caretaker as the primary beneficiary, to avoid appointment of a guardian.