Beneficiary designations are forms that are routinely completed for life
insurance policies, retirement accounts and even some bank and investment
accounts. The forms say who will receive the asset upon the asset owner's
death. These designations are also sometimes called "pay on death" or
"transfer on death" designations. When a beneficiary designation is in place, it
generally controls the disposition of the asset it is associated with, regardless
of what one's will says. As part of a periodic review of your estate plan, it is
vitally important to review all of your beneficiary designations. Ober|Kaler's John Rodock and co-author Terry Finn explain.
Please see full publication below for more information.