Tips on Naming Beneficiaries

• Understand the limits of a will.
• Know when beneficiaries are required.
• Decide who gets what.
• Don't name your estate as a beneficiary.
• Don't name minor children as beneficiaries.
• Consider setting up a trust.
• Think about tax ramifications.
• Name contingent beneficiaries.
• Keep everything up-to-date.
• Make copies.

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