Not keeping beneficiaries up to date may result in your benefits going to a former spouse or a deceased parent’s estate. It could also result in payment delays at a time when your loved one needs the money. For example, if the listed beneficiaries are children from a first marriage, then children from a current marriage might contest the claim if they believe they have more recent documents showing they should be the beneficiaries. No one could be paid until it is determined who legally is entitled to the money.
Even if you haven’t had a recent life event, it’s a good idea to review your beneficiaries at least once a year around tax time, or another memorable date. So, mark it on your calendar as an annual event. And remember, you have the legal right to name any beneficiary you want and change your beneficiary at any time. You can also update your SGLI or VGLI policy at any time within eBenefits, the joint VA/DoD online benefits portal.
You can access all Change of Beneficiary forms here. Here’s how:
During Sickle Cell Awareness Month in September, the American Red Cross emphasizes the importance of a diverse blood supply to help meet the needs of those with sickle cell disease – the most common inherited blood disorder in the U.S.
Shahpur Pazhman flew Black Hawk missions in 27 of Afghanistan’s 34 provinces, resupplying and relocating Afghan ground forces and evacuating casualties to safety. Thanks to Bridge My Return, he's back in the air.
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