Off the Record: A Legal Podcast

Updating Beneficiary Designations: The Most Overlooked Part of an Estate Plan

14 min · 6. juni 2026
episode Updating Beneficiary Designations: The Most Overlooked Part of an Estate Plan cover

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Episode Summary: In this episode of *Off the Record* Rhett Burney sheds light on the critical aspect of beneficiary designations and how they can override wills. He explains how various accounts like life insurance policies and retirement plans require careful beneficiary selection and discusses the implications of not updating these designations. Rhett emphasizes the significance of primary and contingent beneficiaries, offering valuable insights for effective estate planning. Key Timestamps: 00:00 – Introduction 01:30 – Beneficiary Designations vs. Wills 03:45 – Importance of Naming Beneficiaries 05:10 – Effect of Major Life Changes on Designations 07:25 – Primary vs. Contingent Beneficiaries 09:50 – Handling Cases of Misunderstood Beneficiary Designations 11:20 – Dealing with Minors as Beneficiaries 13:40 – Advice for Ensuring Updated Designations About the Show: *Off the Record* is a legal podcast hosted by Mike Lyon, featuring Attorney Rhett Burney. The show delves into various legal topics, offering expert insights and advice on estate planning, wills, trusts, and more. Tune in to stay informed and empowered in navigating legal matters effectively.

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Episode Summary: In this episode of *Off the Record* Rhett Burney delves into the rights of non-custodial parents regarding access to their children's school and medical information under South Carolina law. Exploring key legal provisions, Rhett sheds light on the nuances of parental rights and decision-making authority in educational and medical matters. Key Timestamps: 00:00 – Introduction 01:30 – Rights of non-custodial parents to access school and medical records 03:15 – Decision-making capabilities designated to parents in South Carolina 05:00 – Communication with schools as a non-custodial parent 06:45 – Legal access to medical records for non-custodial parents 08:20 – Addressing denial of access to school and medical information 10:15 – Balancing participation and decision-making authority for non-custodial parents About the Show: *Off the Record* is a legal podcast hosted by Mike Leon, featuring Attorney Rhett Burney, who brings over 30 years of experience in assisting parents in navigating their rights post-divorce or separation. This podcast offers valuable insights into family law matters, providing guidance for individuals facing similar challenges.

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episode Updating Beneficiary Designations: The Most Overlooked Part of an Estate Plan cover

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Episode Summary: In this episode of *Off the Record* Rhett Burney sheds light on the critical aspect of beneficiary designations and how they can override wills. He explains how various accounts like life insurance policies and retirement plans require careful beneficiary selection and discusses the implications of not updating these designations. Rhett emphasizes the significance of primary and contingent beneficiaries, offering valuable insights for effective estate planning. Key Timestamps: 00:00 – Introduction 01:30 – Beneficiary Designations vs. Wills 03:45 – Importance of Naming Beneficiaries 05:10 – Effect of Major Life Changes on Designations 07:25 – Primary vs. Contingent Beneficiaries 09:50 – Handling Cases of Misunderstood Beneficiary Designations 11:20 – Dealing with Minors as Beneficiaries 13:40 – Advice for Ensuring Updated Designations About the Show: *Off the Record* is a legal podcast that offers expert insights on estate planning, family law, and other legal matters. Join us as we explore practical solutions and valuable advice to protect what matters most to you.

6. juni 202614 min
episode Updating Beneficiary Designations: The Most Overlooked Part of an Estate Plan cover

Updating Beneficiary Designations: The Most Overlooked Part of an Estate Plan

Episode Summary: In this episode of *Off the Record* Rhett Burney sheds light on the critical aspect of beneficiary designations and how they can override wills. He explains how various accounts like life insurance policies and retirement plans require careful beneficiary selection and discusses the implications of not updating these designations. Rhett emphasizes the significance of primary and contingent beneficiaries, offering valuable insights for effective estate planning. Key Timestamps: 00:00 – Introduction 01:30 – Beneficiary Designations vs. Wills 03:45 – Importance of Naming Beneficiaries 05:10 – Effect of Major Life Changes on Designations 07:25 – Primary vs. Contingent Beneficiaries 09:50 – Handling Cases of Misunderstood Beneficiary Designations 11:20 – Dealing with Minors as Beneficiaries 13:40 – Advice for Ensuring Updated Designations About the Show: *Off the Record* is a legal podcast hosted by Mike Lyon, featuring Attorney Rhett Burney. The show delves into various legal topics, offering expert insights and advice on estate planning, wills, trusts, and more. Tune in to stay informed and empowered in navigating legal matters effectively.

6. juni 202614 min