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Archive for June 15th, 2014

BENEFICIARY DESIGNATIONS Part 5 of WESA Requires Changes To Estates Practice

BENEFICIARY DESIGNATIONS Part 5 of WESA Requires Changes To Estates Practice

BENEFICIARY DESIGNATIONS Part 5 of WESA Requires Changes To Estates Practice By John W. Bilawich, Holmes & Bilawich Introduction A beneficiary designation is a simple, informal way to pass certain types of benefits to a beneficiary outside one’s estate. Part 5 of WESA expands the kinds of benefit plans that can be dealt with by beneficiary designation and introduces new rules about how designations operate. […]

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