I am starting a new IRA, and I need to assign beneficiaries.....and then, I wondered....do I? If the money from my account goes to my spouse and children automatically when I pass away, why do I need to write them down as beneficiaries? Isn't it just easier to let it happen naturally? I'm just thinking if I list my husband as primary and my 2 children as contingent, then when the next baby comes (I'm currently pregnant) and I forget to update it, then that 3rd child would think I didn't love them as much. Sounds dumb, but I really am serious. Why take the time to do it when the law is going to give it to those people automatically anyway?