Beneficiary Designation Changes to Consider When Beneficiary Predeceases You

By Attorney Robert T. Brooks March 13, 2019 We have all filled out the beneficiary forms for life insurance, bank accounts, etc.  Once you list your beneficiaries you relax because if something happens to you that particular asset will now pass to those you listed.  But what happens if a beneficiary predeceases you?  Would you want that deceased beneficiary’s children …

Virginia Probate: What is a Beneficiary Designation?

By Attorney Jennifer Kahl, February 25, 2019 To put it succinctly, a beneficiary designation is a contractual agreement between you and the custodian of your asset that dictates where your asset will go when you die. Now, let’s take that statement apart piece by piece. The term “beneficiary designation” Most insurance policies and retirement plans use the term “beneficiary designation.” …

Medicaid Tip of the Week: Unclaimed Property

Medicaid Tip of the Week:  Unclaimed Property By Attorney Susan I. Jean on February 14, 2019   We (or our parents and sometimes their parents) may take out life insurance policies over the years.  But it is easy to lose track of these old policies.  Or to get a small refund check, which gets misplaced and never cashed.  Put together, …