---
title: How To Change Your Beneficiaries
description: Learn how to change your beneficiaries to ensure your funds are handled your way.
image: https://blog.ontapcu.org/hubfs/Blog%20Images%20(1)-2.png
---

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How To Change Your Beneficiaries

2:13

# How To Change Your Beneficiaries

 Posted on July 13, 2020

 

Need help adding or updating beneficiaries on your account? Join Max, our Digital Marketing Coordinator at On Tap, to discover your options. 

Give us a call at 304.279.6414, email us at inquire@ontapcu.org, or [contact us here](https://www.ontapcu.org/about-us/contact-us) to get started!

## Caring for Your Loved Ones

When you've worked hard and spent a lifetime building assets, both financial and physical, make sure that your affairs are organized so your beneficiaries know your intentions. 

 

You never know what the future will bring so we've pulled together some simple steps that can help make those painful situations a little easier for those tasked with your financial management.

 

When opening accounts or policies such as life insurance, IRAs and brokerage accounts, you’re usually asked to name one or more beneficiaries. It’s easy to forget about this as life goes on, but things do change: new children or grandchildren are born, and other beneficiaries may pass away. Whenever there’s a life change in your family, consider whether you should make any updates to your beneficiaries on all your relevant accounts. And if you haven’t named any, keep in mind that the asset will default to your spouse or, if he or she is no longer living, to your estate – which leads to probate and tax ramifications.

 

To learn more, talk with one of our consultants in the **[Investment and Retirement Center](https://www.ontapcu.org/personal/invest/investment-and-retirement-center) at On Tap Credit Union.**

 

Whether you’re dreaming of your retirement cabin, starting your own business, or planning your estate, the **Investment and Retirement Center at On Tap Credit Union©** is here to help.

 

**We offer a host of investment and retirement services, including:**

- Retirement Planning
- Savings & Investment Planning
- Asset Allocation
- Education Planning
- Estate Planning
- Annuities & IRAs
- Asset Management
- Investment Services
- Mutual Funds
- Life Insurance
- Long-Term Care

 

 

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*Securities offered through LPL Financial, Member FINRA/SIPC. Insurance products offered through LPL Financial or its licensed affiliates.*  
*Not NCUA Insured / No Credit Union Guarantee / May Lose Value*  
*On Tap Credit Union is not a registered broker/dealer and is not affiliated with LPL Financial.*

 

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