Your will doesn't control retirement accounts or life insurance. A man left everything to his wife but his ex-girlfriend got his $700,000 401(k) because he never updated the beneficiary form from 2004. Update yours after major life changes.
Newsflash: your will does not control where your money goes. Here's a good example for you. Guy leaves everything in his will to his wife. His ex-girlfriend from 20 years ago ends up getting $700,000. How does that happen, you say? Well, in 2004, he named his ex-girlfriend as the beneficiary on his 401, and he never changed it once he got married. Your will doesn't control retirement accounts. Your will doesn't control life insurance. Beneficiary forms control all those things and they override everything. I created the Life Event Kit so you know exactly what to check so a form does not destroy your family's future. Comment kit.
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