I usually dont pass along this stuff, but this article on yahoo - TopicsExpress

I usually dont pass along this stuff, but this article on yahoo Finance today hit home and it is very important to look into: BENFICIARY FORMS. Karen and I and Mom found out the hard way when my sister Denise died, that she had no named beneficiary on most of her IRA, health savings and other accounts. Therefore the money went to my parents equally. Mom was able to keep hers but, sadly since my Dad was in a nursing home cared for by the state, his portion was escheated to the government. Dont wait for a tragedy you think wont happen, fill out the forms NOW! My advice is dont leave money to the elderly, find someone trustworthy that you know will care for them if thats your desire. finance.yahoo/news/man-s-mistake-cost-his-children--400-000-of-an-ira-inheritance-152712809.html

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