08/20/2026
Did you know that you could write the most detailed Will in the world, and it typically still won’t control your biggest assets?
It’s a common estate planning trap. Your Will generally does not control everything.
Accounts like life insurance policies, 401(k)s, and IRAs usually pass directly to the person listed on the beneficiary designation form, regardless of what your Will says. The exact same rule generally applies to your bank accounts if they have a Payable on Death (POD) designation, or if they are joint accounts with rights of survivorship, which typically bypass probate entirely.
The Danger: If you update your Will but forget to update your beneficiary forms, the old forms almost always win. An ex-spouse or estranged family member could legally inherit your retirement account, and your Will likely cannot stop it.
Don’t leave your legacy to chance. Ensure your Will, Trusts, and beneficiary designations are working together to protect your family.
🔗 Click the link in our bio to book a consultation with the TGQ Law team today!
