Many people choose their beneficiaries without thinking about how much they will receive after-taxes. If you choose beneficiaries without a strategy, more of your money may be lost to the government in taxes. If you want to learn more about how to think about which types of beneficiaries should receive certain types of account, this episode is for you!
About Elliott Appel
Elliott Appel is a fee-only fiduciary financial planner, and the host of Making the Most of Time Podcast. He is also the founder of Kindness Financial Planning. He lives in Madison, WI, but serves clients virtually across the United States. When not helping clients organize their financial lives, he enjoys cooking for his wife, playing tennis, hiking, and photography.