ER_Hopeful
Recycles dryer sheets
for most of my taxable and retirement accounts, I've setup my beneficiaries as follow:
primary: wife 100%
secondary: kids 90%, mom 5%, dad 5%.
my thoughts are should anything happen to the 4 of us, everything goes to my parents. Is my setup above correct? Since I have my beneficiaries setup, do I still need a will?
primary: wife 100%
secondary: kids 90%, mom 5%, dad 5%.
my thoughts are should anything happen to the 4 of us, everything goes to my parents. Is my setup above correct? Since I have my beneficiaries setup, do I still need a will?