It's tough to think about and easy to ignore. But, if you're ever pulled out of the picture, the people who depend on you could have financial and legal troubles.

To make it less stressful for them, it's important you review and make necessary updates to beneficiary designations for your life insurance and retirement accounts.

Take 5 minutes and update your beneficiaries now by clicking below and going to the 'beneficiaries' sections:

• Life insurance beneficiary
• Retirement account beneficiary

Note: If you have individual accounts, please review those as well.