Should I name my children as beneficiaries? This is a question that is asked often. You should know that if your children are still minors, you need to take additional steps if you choose to name them as beneficiaries.
During this episode of Financial Roll Call, host James Fay welcomes back expert estate planning attorney Michele Clark to educate our listeners and the law enforcement community on this very important topic. Michele has previously been on several episodes of this podcast, educating us on various estate planning topics, and she does a great job of breaking down the process of naming your minor children as beneficiaries on this episode.
A key benefit of both knowing and understanding this process can help your heirs avoid probate court and its associated expense and inconvenience.
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