Insights: How to Select, Protect and Communicate to Beneficiaries

Plus: Tips for keeping your employees happy

PERSONAL FINANCE BUSINESS How to Select, Protect and Communicate to Estate Beneficiaries Couples often assume they will be of one mind when it comes to who inherits what assets after they pass, and that the transfer of wealth to their beneficiaries will be relatively straightforward. The reality, however, is that more often then not, partners who begin selecting beneficiaries and planning their estates soon discover there are a plethora of unforeseen complications and considerations involved. In addition to selecting beneficiaries, a complicated process alone, there are other major considerations that need to be thought through during this stage of the estate planning process, including where you live, the possibility of remarriage, how and when to distribute the assets, and communication plans. These are a few of the critical considerations that could influence how you select — and communicate your intentions to — your beneficiaries. Read More MORE ARTICLES How to Minimize Family Conflicts When Running a Family-Owned Businesses Read More How to Gift Your House to Your Children During Your Lifetime Read More Employee Retention Strategies for Keeping Your Talent Read More Unsubscribe from this list  |  Update email preferences This message has been sent to bank@banking.offers.report. Please do not reply to this email. To ensure the delivery of future emails, please add email@emails.cnb.com to your email address book or safe sender list. Copyright © 2019 City National Bank – All Rights Reserved. 350 South Grand Avenue, 12th Floor, Los Angeles, CA 90071 City National Bank is a subsidiary of Royal Bank of Canada. TERMS & CONDITIONS  |  PRIVACY STATEMENT NMLSR ID# 536994 | City National Bank Member FDIC