Released Aug. 30, 2007
PAOLA, Kan. - No one likes to think about end-of-life issues, and the paperwork surrounding such issues can be time-consuming. To ensure one´s wishes will be carried out, however, a periodic review is necessary, said Diane Burnett, Kansas State University Research and Extension agent in Miami County.
To make sure a beneficiary will receive the funds intended, it´s important for account and policy holders to review the beneficiaries they´ve listed on insurance policies and bank, investment and retirement accounts.
Policy holders should also review account information after any life change, such as a marriage, divorce, or birth of a child or grandchild, said Burnett, who has a master´s degree in family financial management.
More information on personal financial management is available at county or district K-State Research and Extension offices and on the Extension Web site: http://www.oznet.ksu.edu/financialmanagement.
--30--
Contact: Mary Lou Peter-Blecha, mlpeter@ksu.edu
