This month’s breakfast meeting triggered a lot of great discussion! Our guest speaker from Protective Life, Burke, spoke about the importance of beneficiary reviews. Naming beneficiaries might seem like a small detail, but it ends up being very important when you or your loved one passes. Events that occur in your life that will likely alter your beneficiary designations can include (but are not limited to) marriage, re-marriage, death in the family, the birth or adoption of a child. Without proper periodic reviews of your listed beneficiaries, it is possible to unintentionally harm your ability to protect, preserve and pass on assets to your heirs. One attendee briefly shared that for an added layer of protection, in his personal experience, “telling your kids what you have done [planned]” could save your loved ones a lot of time and money.
Be sure to check our “Events” tab regularly to see what we have planned for the next TVAMP event! Breakfast With Scott’s are usually set for the last Thursday of the month. Seating for these meetings will be limited. When we have a corresponding handout, we will be sure to share it here in case you missed the meeting.