Whatever, whoever you want to call them: Beneficiaries, “Bennys”, Heirs… make sure to check who is listed as Beneficiary or Beneficiaries on your retirement accounts, insurance policies, IRAs or in your Will (if you have a Will).*
Inevitably, time flies. Loved ones pass away or important loved ones, well, change. (Think: divorce, relationship changes). On the positive side, new beneficiaries, or heirs, are born or enter the picture! In the busy-ness of life, often the accuracy of beneficiaries goes unchecked.
This edition is dedicated to the loving memory of my father-in-law, Mickey Debbs.
Lots of things in life are learned or really hammered home only during or after a sad event. While there are still lots of lessons learned amidst happy times.
Recently I experienced the tremendously sad and sudden passing of my father-in-law. Note the word “sudden.” Most of us say out loud regarding death, “I want to go fast!” Or, “I don’t want a long and drawn out death.” But really, we have no idea. What if it is sudden?