Here’s your challenge — and please don’t delay. Right now, today, check with the trustees of all 40l(k), IRA and insurance policies to make sure you have updated and named the beneficiary you really want to receive the money! Changing beneficiaries is very simple, requiring only written notification — and written confirmation — from the trustee, custodian or insurance company; you do not need an attorney to make a beneficiary change.
5 key considerations when naming beneficiaries – Chicago Tribune