The April 15th tax deadline has come and gone and estate planners are reminding people that it is a good time to locate and review other important documents. Attorney Bob Ross of Ross Estate Planning in Sturgeon Bay says it is an ideal time to update beneficiary designations for your largest assets like retirement plans, annuities, and life insurance.
Ross says if you can’t find the beneficiary designation forms now, odds are your family members will not be able to locate them when they are needed in the future.