I think the main message is to be careful to keep your beneficiaries up to date especially after any changes.But this can be trickier and more subtle than one might imagine. The company I retired from provides term life insurance for its retirees. They were acquired by another company two years ago.I just received notice that now that acquired company has been integrated into acquiring company, I need to enter my beneficiaries in their records. It was not automatic.I think this is lawyers taking no chances, keeping one set of records rather than transferring old data that may be out of date, etc., plus a reminder to bring those records up to date.But it is yet another detail of subtleties that can make your records obsolete.
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