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How to avoid having your nest egg scrambled.

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McBrayer Blogs

Showing 3 posts tagged beneficiaries.

Divorced? It’s Time to Update Your Estate Plan

Most people create their estate plans while they are married—leaving all of their assets to the surviving spouse and putting the surviving spouse in charge of their affairs upon death or incapacity. However, if you’ve recently gotten divorced and haven’t touched your estate plan since, an update is long overdue. More >

Your Estate Plan Needs a Back-Up Plan

Because few people want to think about the circumstances where their estate plan would come into play, even fewer think about the consequences if their estate plan may not be able to be carried out as they wished. This most frequently occurs in the event that designated individuals are unable to perform the duties allotted to them. Here are a few of the roles for which you should designate a back-up in your estate plan—and what could happen if you don’t. More >

Special Needs Trust

Special needs trusts, or supplemental needs trusts, are a unique form of planning for a disabled individual. These trusts recognize the unique challenges facing disabled persons and the delicate interplay with government assistance programs designed to help provide for them. These trusts are designed to supplement such programs, providing additional resources for the care and comfort of the permanently disabled, while simultaneously preserving the beneficiary’s eligibility for government assistance. More >

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