Pitfalls of Naming Minors as Beneficiaries

It is natural for clients to want to name their children or grandchildren to receive their assets after their death However, the naming of a beneficiary directly on an account, especially if they are a minor, can derail an otherwise well-thought out estate plan. Often clients assume that their estate planning is complete once they have signed their Will and Trust......
By: Holland & Hart - Fiduciary Law Blog

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