Hoping it's simple, but I'm not holding my breath. Probate stuff is RARELY simple.
There's nothing particularly difficult about BDs, but then that's kind of why I need a lot of caffeine to tackle them.
The much harder part, for a lot of people & from my #NotALawyer perspective, is making sure that:
1. the right kinds of accounts exist
2. they have all the $$ you want to transfer in them
3. the BDs are locked down
The hard part FOR ME is prolly going to be turning this info into several hundred words of prose. #drcworkday
I have decided to "liveblog" my workday for no particular reason. You can mute "#drcworkday to avoid these posts & still see news boosts, etc.
We're starting out w/an article on #BeneficiaryDesignations that convinces me I haven't had enough caffeine.
Basically, the way BDs work is: You go to all your accounts that can be readily transferred outside of a #LastWillAndTestament & you name somebody to automatically get their contents when you die. Handy.