Insights
We are proud to be named a West Coast Regional Leader for 2026
Why Reviewing Your Beneficiary Designations Is One of the Most Important Steps in Estate Planning
ARTICLE | August 11, 2026
Authored by Vasquez + Company
When most people think about estate planning, they focus on drafting a will or setting up a living trust. But there is a critical piece of the puzzle that is often overlooked: beneficiary designations. For many individuals, these designations control how a significant portion of their wealth is distributed after death, covering everything from retirement accounts and life insurance policies to annuities and 529 plans. Even more importantly, beneficiary designations typically override whatever your will or trust may say. That means an outdated form could direct assets to a former spouse, or leave out a new family member entirely. Reviewing and updating these designations regularly, especially after major life changes, is among the simplest yet most impactful steps you can take to protect your loved ones and ensure your wishes are honored.
Read the full article here.
Our firm provides the information for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. This article is not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided “as is,” with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.
Let’s Talk!
You can call us at +1 213.873.1700, email us at solutions@vasquezcpa.com or fill out the form below and we’ll contact you to discuss your specific situation.
Required fields are marked with an asterisk (*)
Vasquez + Company LLP has over 55 years of experience performing audit, tax, accounting, and consulting services for nonprofit organizations, governmental entities, and private companies. We are ranked among the top 1% of accounting firms by the AICPA and deliver tailored solutions that meet the unique needs of each client.
For more information on how Vasquez can assist you, please email solutions@vasquezcpa.com or call +1.213.873.1700.
Subscribe to receive important updates from our Insights and Resources.