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hi everyone philip bruce at stone arts law office iamp;#39;m an estate planning attorney here in minnesota and um the question iamp;#39;m dealing with today or or had been asked today that i um i actually answered for for a potential client but iamp;#39;ll bring on to this video is uh all they had was cash accounts largely bank accounts iras life insurance um and they want to just list they got about 13 or 14 different beneficiaries nieces nephews and they just want to do the beneficiary designations on those and then have that payout and they wanted to know if they needed any planning uh thatamp;#39;s a thatamp;#39;s a tough question because thatamp;#39;s very borderline many companies are not going to want to list 13 people definitely not if someoneamp;#39;s a minor if someoneamp;#39;s a minor donamp;#39;t ever add them to a beneficiary designation on an account a pay on death beneficiary if i die who gets it list adults really list two or three adults thatamp;#39;s about t
