For many individuals, retirement accounts are one of the largest assets that they have to pass on to loved ones throughout estate plan. Without the assistance of a knowledgeable estate planning professional, however, it is very common to make mistakes including with IRA’s.
In the hopes of helping you avoid future mistakes involving IRAs, this article review some of the most common error. It is important to understand, though, that not even the best advice can replace the assistance provided by an experienced estate planning lawyer.
# 1 – Not Updating Contingent Beneficiaries
The post Recognizing the Common Mistakes that People Make with IRA Accounts appeared first on New York Estate Planning Lawyer Blog.