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If there is a bank account that has a beneficiary on it, and that beneficiary is different than the person that is named in a living crust as a beneficiary, who wins? The beneficiary on the account. The bank is only going to give that money to the person that is the beneficiary on the account. For this reason, sometimes we want a trust to be a primary or secondary transfer death or POD beneficiary. #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty | Pevney Esta
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