If you're signing up for a life insurance policy or have an account with a financial institution, there's a chance you'll ...

I recently came across an IRA beneficiary document, as I sometimes do, that names the estate as the beneficiary. While there can be some valid reasons for this, 95% of the time this is a really ...

Life insurance beneficiaries aren't limited to people. You can also name charities or non-profit organizations as primary or contingent beneficiaries. Designating a life insurance beneficiary ...

Adam B. Frankel is a personal finance writer and financial adviser with over 30 years of experience. When he’s not managing money in the stock market, he teaches financial topics and other core ...

Life changes such as marriage, divorce, and the passing of a loved one can leave outdated beneficiary information on accounts ...

Most financial institutions now have a specific form that is completed to designate an account as a TOD and name the beneficiary (or beneficiaries). Most states have laws recognizing the accounts ...

Learn more about what it is and whether you should name one. An irrevocable beneficiary is a person or entity that will receive the death benefit for a life insurance policy which cannot be ...

the insured amount is $1,500,000 ($250,000 x two grantors x three beneficiaries). So, between now and April 1, 2024, if you have accounts in an FDIC insured bank in the name of a trust ...

Minor children can be designated beneficiaries but cannot directly receive a payout. If you name minor children as beneficiaries, consider establishing a trust or appointing a legal guardian until ...