A contingent beneficiary can help ensure that your assets, trusts and insurance payouts go to the parties you want them to go to. What is a contingent beneficiary? Whether setting up a financial ...

When purchasing life insurance, the choice of who to name as beneficiary is one of the most important decisions a person makes. A beneficiary is the person who receives the death benefit. The owner of ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of ...

It’s wise to select multiple beneficiaries when purchasing life insurance policies. This ensures that your family or loved ones can cover any financial obligations after you’ve passed away. The death ...

You need more than a primary beneficiary on your financial accounts... just in case. Contingency beneficiaries can be your Plan B and even Plan C. What is a contingent beneficiary? If that question ...

When you purchase life insurance, the real goal is to make sure your loved ones are financially protected after you’re gone. Choosing your primary beneficiary — the person who will receive the ...

You might not be able to spend all the money in your 401(k) plan before you die. If that happens, your retirement savings will pass to the person you name as the beneficiary of the account. The ...

What is a beneficiary? Perhaps the clearest definition comes from the Insurance Information Institute which states, “A beneficiary is a person or entity you name in a life insurance policy... What is ...

Choosing a primary beneficiary - and contingent beneficiaries - is the only way to ensure that your funds are allocated according to your wishes. The per capita designation is usually the default ...

Texas has recently had two opinions that seemingly take opposite views on whether a contingent remainder beneficiary has standing to sue a trustee for trust administration issue. In In re Estate of ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of ...