Do you have beneficiaries listed on your financial assets?
Meaning do you have beneficiaries listed on things like:
– Investment Assets
Be sure to name both primary and contingent beneficiaries just in case something happens to your primary beneficiary at the same time as you.
Naming your beneficiaries is important if you have a living trust. Clearly outlining how much each person gets and when they get it will clear up any confusion and make your passing a a little easier for everyone in your private circle.