IF YOU HAVE an individual retirement account, do you recall filling out a beneficiary designation form? That’s the document that allows you to direct the IRA custodian to transfer your ...

When it comes to planning for the future, most people understand the importance of creating a Last Will and Testament.

Q: If I name a beneficiary on my bank account will this avoid probate when I die? – M.C., Orlando A: Yes. If you complete the beneficiary designation form, and your beneficiary is alive at th… ...

Most consumers are familiar with the beneficiary designation form they complete when opening an IRA or 401(k). The form designates who receives the asset if the account owner dies. Yet, these ...

Again, these provisions come into play if your custodian does not have your beneficiary designation on file. I would strongly suggest that you double-check by calling your IRA custodian for a copy ...

Mr. Moore never executed a new beneficiary designation form. After Mr. Moore’s death, his brother advised the plan administrator of his claim to the account.

Q. What happens if a non-spouse beneficiary inherits an IRA account but dies before the money is put in her name. There were no contingent beneficiaries. Which estate would get the IRA ...