Hi there—
One of the most common estate planning issues we see has nothing to do with wills or trusts.
It’s beneficiary designations.
They’re easy to set up, easy to forget about, and incredibly powerful. In fact, an outdated beneficiary on a life insurance policy or retirement account can quietly override the rest of your estate plan—often without anyone realizing it until it’s too late to fix.
That’s why this week on POMpod: The Peace of Mind Podcast, I’m breaking down:
What beneficiary designations actually control
Why your will or trust usually doesn’t override them
The most common beneficiary mistakes we see
When and how often these should be reviewed
If you have life insurance, a 401(k), an IRA, or accounts you set up years ago, this episode is especially worth a listen.
👉 Listen to the episode: Beneficiaries 101: The Simple Mistakes That Cause Big Problems
If this brings up questions—or makes you think, “I should probably look at that”—you’re not behind. Small, thoughtful updates can make a big difference when everything needs to work together.
And if you’d like help reviewing beneficiary designations as part of a coordinated plan, we’re here when you’re ready.
Warmly,
Travis
Gasper Law
www.gasperplan.com
P.S. If you’re not sure whether your beneficiary designations align with the rest of your plan, a Peace of Mind Planning Session (POMPS) is designed to help you get clarity—without pressure and without having everything figured out in advance.