Premier Financial Advisory Services, LLC, Suwanee, Georgia’s top Financial Advisor, was founded in 1998 to offer individuals and small business clients a personalized strategic financial plan to meet their financial and life goals. Our highest priority is to create value and peace of mind for our clients.
We offer financial solutions to individuals and small businesses in the Gwinnett county area of north Georgia. Whether you are interested in financial planning, investment management, wealth management, portfolio management, life insurance, or long term care insurance, our financial adviser professionals can help you meet your goals. Let us assist you with retirement planning, a 401k rollover, Roth IRA, asset protection, trust and estate planning, and insurance needs analysis. Learn more…
AdminBeneficiary Designation
Read moreA common misconception is that your Last Will and Testament controls your beneficiary designations. Let’s look at an example to illustrate. Tom has three children and a life insurance policy that has been in place for decades. The policy was taken out before his third child was born so the beneficiary designation still lists his first two children since his wife predeceased). His Will says everything goes equally among all three children. Upon Tom’s death, the life insurance will pay to the two oldest children who were the designated beneficiaries. Even though Tom’s Will says everything goes equally among all three children, the third child will be excluded.