Beneficiary designations are becoming an increasingly common option for bank, brokerage and retirement accounts, plus a wide range of financial products.  This is important and convenient but can create a mess for your heirs.

Here’s the problem:  beneficary designations override your will.

You need to carefully coordinate these beneficiary designations with your overall estate plan.

Learn more in this Wall Street Journal article:

Most Common Mistakes in Naming Beneficiaries – WSJ.comhttp://online.wsj.comThink your estate planning is done once you’ve gone to the trouble of making a will? Think again. All your hard work can be undone with a stroke of a pen when you open a bank, brokerage or retirement account.