Summary Federal law may require a 401(k) to pass to a spouse even if children are named as beneficiaries. This article explains how ERISA rules can override beneficiary designations and why blended families should carefully review retirement account planning. One issue that often surprises families involves retirement accounts, particularly 401(k) plans. A recent situation that […]
Tag: estate planning mistakes
Estate Planning Horror Stories: The Case of the Vanishing Estate
🎃 Estate Planning Horror Stories – Part 1 (Inspired by a true case. Certain names and details have been omitted to protect the privacy of those involved.) Gather ‘round, dear readers… it’s the season of shadows, and tonight’s tale is not from a haunted house but from the courthouse. Our story begins with a sweet, […]