It’s an all too frequent incidence: In the course of the administration of a decedent’s property, it turns into obvious that the decedent accomplished a beneficiary designation on a large retirement plan in a mistaken or completely misguided style. In lots of of those cases, the decedent named a belief because the beneficiary of the plan. In different cases, the decedent named no beneficiary in any respect. Whereas the conclusion of a botched beneficiary designation is most definitely unwelcome, all hope isn’t misplaced.
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