The Importance of Accurate Beneficiary Designations
March 2021 The MLO Minute: By Lesley Mehalick, J.D., LL.M., Jessica Wilson, Esq., and Dennis McAndrews, Esq. In our Estate Administration practice, one of the most difficult, and usually unnecessary, issues involves dealing with assets that have not been properly designated on beneficiary forms, and which are payable to designated beneficiaries outside of the will.…