Beneficiary Designation Review

Beneficiary designations can be maintained by institutions outside the documents that make up an estate plan. This flowchart turns a periodic review into a repeatable process: inventory accounts and policies, retrieve what is currently on file, compare it with the plan, and document either a confirmed result or a completed update. The account loop prevents a review from ending after only the first policy or account. It is useful as a client meeting checklist or an adviser’s internal work map. The diagram does not decide who should be named; that is a personal and jurisdiction-specific question.