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  2. Choosing a life insurance beneficiary - AOL

    www.aol.com/finance/choosing-life-insurance...

    When filling out your life insurance beneficiary designation form, you will likely need the following information about the person you’re naming as your beneficiary: ... If you have two children ...

  3. What is an irrevocable beneficiary? - AOL

    www.aol.com/finance/irrevocable-beneficiary...

    For example, in cases of divorce where minor children are involved, a court may require an ex-spouse to be named as an irrevocable beneficiary to ensure the children’s financial protection.

  4. What Are the Differences Between Beneficiary Designations and ...

    www.aol.com/beneficiary-designations-vs-wills...

    Beneficiary designations can override intentions stated in your will. For example, suppose your child is the primary beneficiary for your 401(k) , but you state in your will that you would like ...

  5. Estate planning - Wikipedia

    en.wikipedia.org/wiki/Estate_planning

    Estate planning may involve a will, trusts, beneficiary designations, powers of appointment, property ownership (for example, joint tenancy with rights of survivorship, tenancy in common, tenancy by the entirety), gifts, and powers of attorney (specifically a durable financial power of attorney and a durable medical power of attorney).

  6. Totten trust - Wikipedia

    en.wikipedia.org/wiki/Totten_trust

    A Totten trust (also referred to as a "Payable on Death" account) is a form of trust in the United States in which one party (the settlor or "grantor" of the trust) places money in a bank account or security with instructions that upon the settlor's death, whatever is in that account will pass to a named beneficiary. For example, a Totten trust ...

  7. Beneficiary - Wikipedia

    en.wikipedia.org/wiki/Beneficiary

    A beneficiary in the broadest sense is a natural person or other legal entity who receives money or other benefits from a benefactor. For example, the beneficiary of a life insurance policy is the person who receives the payment of the amount of insurance after the death of the insured. In trust law, beneficiaries are also known as cestui que use.

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