RENO, Nev. (KRNV & Mynews4.com) - You spend a lifetime accumulating assets to provide for your family. Most people also want to leave some assets to their children but there is one problem. Many investors fail to regularly update their beneficiary designations therefore they run the risk of leaving life insurance proceeds, IRAs or 401(k)s to ex-spouses or family members that at one time they wanted them to receive but no longer. Today, let’s discuss mistakes to avoid when naming beneficiaries.