Urgent Alert for Businesses: Avoid Penalties, Stay Compliant with New Corporate Transparency Act
BOZEMAN OFFICE 406-582-8822 HELENA OFFICE 406-449-4829
Urgent Alert for Businesses: Avoid Penalties, Stay Compliant with New Corporate Transparency Act

Beneficiary Rights Attorney

Beneficiary Rights Attorney Montana 

When creating an estate plan, many people choose beneficiaries to pass their assets to, as a Montana beneficiary rights attorney knows. If you have any children, a spouse, relatives or other loved ones that you wish to give your assets to, it is important to designate them as a beneficiary so that they can easily obtain any assets that are set aside for them. Beneficiaries have rights once they are formally designated as such. As a beneficiary, understanding legal rights is important so that they can access their assets at the time that they are able to. If you have any questions about your rights as a beneficiary, you can set up a consultation with a seasoned lawyer like one from Silverman Law Office, PLLC. 

Beneficiary Rights Attorney Montana with two attorneys reviewing a document

Why Choose A Beneficiary? 

One of the most important tasks that you should not forget when preparing an estate plan is to choose beneficiaries. Once someone is formally designated beneficiary, their information is listed in the legal document and it authorizes them to receive any assets that are given to them. The creator of an account such as an IRA can designate a percentage or the complete account value to their beneficiary or beneficiaries. After the account creator’s passing, the beneficiaries listed can receive the assets under their name. In formally designating beneficiaries, you can rest assured that your loved ones will be able to obtain the assets that you specifically want to give them after your passing. Otherwise, those assets will be distributed according to the court. 

Rights Of A Beneficiary 

As a Montana beneficiary rights attorney can explain, beneficiaries have a certain set of rights. However, in order to obtain their assets, they must follow specific legal procedures in order to actually get their assets. For instance, a beneficiary must file and submit a form along with the account documents, such as the deceased individual’s death certificate. There is a certain time limit that the form and required documentation must be submitted by. Beneficiaries should check their local and state laws to determine the process for collecting any assets distributed to them. Understanding your rights as beneficiary can be challenging and confusing, but a lawyer will be able to give you a detailed explanation of what you need to know and what steps that you should take. 

When To Seek Help From A Lawyer

You should not delay taking action if a trust creator has died and you are a beneficiary. Make sure that you complete the necessary steps so that you can actually obtain the assets given to you. 

Whether you are an account creator or a beneficiary, being prepared and informed about estate planning matters is crucial. If you want to have a strong financial and estate plan that protects your loved ones, do not wait to contact a lawyer if you have questions or need personalized guidance on setting up your plan. Connect with a Montana beneficiary rights attorney at Silverman Law Office, PLLC that clients trust if you need to learn more about what your rights are as a beneficiary. 


Fill out the form below to get in touch with our legal team or call Bozeman office at (406) 582-8822 or our Helena office at (406) 449-4829 to talk to someone right away.

Silverman Law Office - Bozeman

504 W. Main St.

Bozeman, MT 59715

Get Directions

Silverman Law Office - Helena

2620 Colonial Drive

Helena, MT 59601

Get Directions