What To Do When Beneficiaries Aren’t Updated: Case Studies with Practical Lessons Learned

*Preapproved for 1 hour of AFCPE®, 1 MQFP® CEU and 1 hour of CFP® CE

Nearly every conversation people have when they talk about investing revolves around either what family and type of funds to use (allocation) or what mix of traditional IRAs, Roth IRAs and taxable accounts to use (tax treatment). Not discussed enough is the importance of building your estate plan early and doing the housekeeping to make execution easy for your loved ones who will have to execute it without your assistance, and while they’ll most likely be actively grieving your death or your loss of capability/capacity to handle your own affairs. This session will review real cases of “estate plan cleanup” efforts undertaken at Redeployment Wealth Strategies over the last two years, which cost the affected families substantial amounts of time and money, all of which was avoidable. In addition to stressing the importance of good housekeeping up front, this session will also provide actionable tips for both investment advisors and do-it-yourself investors for things you can do to recover when a less-than-perfect plan has to be executed.

Speakers