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Per Stirpes: How To avoid Sending Millions of Retirement Dollars to the Wrong Beneficiary

Per Stirpes: How To avoid Sending Millions of Retirement Dollars to the Wrong Beneficiary

Today I’m explaining the difference between per stirpes and per capita.

Why?

Because most retirement investors skip this step when setting up their retirement accounts.

And skipping this step can result in thousands (or millions) of your hard-earned dollars going to the wrong person.

The good news is that you don’t need an attorney to take action.

So, if you want to learn how to avoid making a big estate planning mistake, you will enjoy today’s episode.

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About the Show

The Stay Wealthy Retirement Podcast will teach you how to reduce taxes, invest smarter, and make work optional in retirement.

Award-winning CERTIFIED FINANCIAL PLANNER™ Taylor Schulte tackles topics like tax planning, IRA's, 401(k)'s, retirement income strategies, insurance, pensions, investments, social security, and more!

Every episode will give you actionable tips to help you preserve your hard-earned money and "stay wealthy" in retirement.

Proud Member of the Retirement Podcast Network.

About Taylor

Taylor R. Schulte, CFP®

I worked for large wealth management firms for half of my career. They spent more time talking about how to make the firm more money than how to make clients more money. I set out to change that.