financial assets

The pitfalls of leaving nomination blank in bank accounts and insurance policies

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The pitfalls of leaving nomination blank in bank accounts and insurance policies

Securing our family’s future is topmost priority for most of us. Alongside taking insurance policies and making investments, there is a crucial step in this—estate and succession planning to ensure our family inherits our assets without delays, hardship, or confusion.  Yet, this aspect is often neglected due to the anxiety and discomfort arising from contemplating … Read more

How can I ensure appropriate distribution of financial assets?

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How can I ensure appropriate distribution of financial assets?

What steps can I take to prevent common estate planning mistakes and ensure that assets are distributed appropriately? —Name withheld on request In estate planning, individuals can take proactive steps to avoid common mistakes and ensure their assets are distributed as intended. Updating beneficiaries is crucial to reflect life changes accurately. For instance, failing to … Read more