{"id":1023,"date":"2014-06-23T13:00:04","date_gmt":"2014-06-23T20:00:04","guid":{"rendered":"http:\/\/gaudylawblog.com\/?p=96"},"modified":"2014-06-23T13:00:04","modified_gmt":"2014-06-23T20:00:04","slug":"upland-beneficiaries","status":"publish","type":"post","link":"https:\/\/gaudylaw.com\/blog-news\/upland-beneficiaries\/","title":{"rendered":"Avoid Probate Court By Appointing Beneficiaries"},"content":{"rendered":"

Appointing responsible beneficiaries for all of your bank and brokerage accounts can help you avoid probate court. Doing this can help you save thousands of dollars.<\/p>\n

    \n
  1. No matter how young you may be, you want your loved ones to have your money if the unthinkable were to happen to you. Whether you\u2019re 18 years old or 60 years old, it is important that you inform the bank of who your beneficiaries are. A simple statement is all that is necessary to ensure that all the money in your bank goes to who you want it to go to.<\/li>\n
  2. Probate can take up to 7% of your loved ones money away from their inheritance. Probate typically costs around $2,000 so going to the bank first can significantly help your loved ones\u2019 inheritance. A simple statement of your beneficiaries is all that is necessary.<\/li>\n
  3. Too busy? Not an excuse. This process takes about 2 minutes. All you need to do is call your bank and ask what necessary forms need to be completed in order to appoint beneficiaries. Next, fill out the forms with your beneficiary\u2019s name, birthday, contact information, and if necessary, their social security number. Once you\u2019ve sent the form to the bank you\u2019re done.<\/li>\n
  4. Any of your accounts that have a substantial amount of money is worth the 2 minute process. Include your life insurance policy, your retirement savings, your IRAs, your checking account, and savings account.<\/li>\n
  5. It\u2019s up to you who you decide to appoint as a beneficiary but remember that they will become responsible with your money.<\/li>\n
  6. Once you\u2019ve completed the necessary steps to appoint your loved ones as beneficiaries, you won\u2019t have to worry about it for years. Failing to prepare is preparing to fail!<\/li>\n<\/ol>\n

    Gaudy Law promises to keep your best interests at heart when handing your case. Contact<\/a> us today and speak with one of our skilled representatives who will treat you fairly with your goals in mind.<\/p>\n","protected":false},"excerpt":{"rendered":"

    Appointing responsible beneficiaries for all of your bank and brokerage accounts can help you avoid probate court. Doing this can help you save thousands of dollars. No matter how young […]<\/p>\n","protected":false},"author":4,"featured_media":122,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[76],"tags":[254,255,75,256,77],"acf":[],"_links":{"self":[{"href":"https:\/\/gaudylaw.com\/wp-json\/wp\/v2\/posts\/1023"}],"collection":[{"href":"https:\/\/gaudylaw.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gaudylaw.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gaudylaw.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/gaudylaw.com\/wp-json\/wp\/v2\/comments?post=1023"}],"version-history":[{"count":0,"href":"https:\/\/gaudylaw.com\/wp-json\/wp\/v2\/posts\/1023\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gaudylaw.com\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/gaudylaw.com\/wp-json\/wp\/v2\/media?parent=1023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gaudylaw.com\/wp-json\/wp\/v2\/categories?post=1023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gaudylaw.com\/wp-json\/wp\/v2\/tags?post=1023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}