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Do people here usually give beneficiaries for their IRAs and taxable accounts? I have not so far, instead opting to divide my estate (small by most standards) into equal parts in a will. The only way I can figure out that beneficiaries would work is to have four beneficiaries on every one of six accounts. This is what Vanguard says:

Think twice before you leave your assets to your estate. Although designating your estate as your beneficiary--either purposely or by default--may seem like a simple way to distribute assets through your will, keep in mind that:
* Your heirs may lose additional opportunities to keep the assets tax-deferred, resulting in a smaller aggregate amount available to them.
* Your heirs may face higher annual income tax as more of the account's assets are subject to yearly distributions.
* Your retirement account assets will be subject to the same settlement costs that apply to your estate.
* Any retirement assets paid to your estate may be subject to state inheritance tax.

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