Beneficiary Clause

Beneficiary Clause. Fill out a beneficiary clause for all your financial accounts. This is better than just relying on a will. Even with a will you may have to go through a probate court to determine its authenticity. From there the court will have to oversee the allocation of assets and property. This could cost you time and money. Beneficiary Clauses are easy. Make sure you have one for each bank, insurance policy, and investment account. These should also be reviewed annually.