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  2. What Are the Differences Between Beneficiary ... - AOL

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

    As the name suggests, your primary beneficiary has priority in your list of beneficiaries. In other words, if you pass away, the insurance company or financial institution will attempt to send ...

  3. Here’s Why Experts Say Naming Your Kids as Beneficiaries on ...

    www.aol.com/finance/why-experts-naming-kids...

    Naming your kids as beneficiaries could mean putting a significant amount of money into the hands of an 18-year-old — particularly a grieving one — or even someone younger.

  4. Should I Name a Sole Beneficiary?

    www.aol.com/finance/name-sole-beneficiary...

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  5. Will and testament - Wikipedia

    en.wikipedia.org/wiki/Will_and_testament

    Legatee – beneficiary of personal property under a will, i.e., a person receiving a legacy. Probate – legal process of settling the estate of a deceased person. Residuary estate - the portion of an estate remaining after the payment of expenses and the distribution of specific bequests; this passes to the residuary legatees.

  6. United States trust law - Wikipedia

    en.wikipedia.org/wiki/United_States_trust_law

    Qualified beneficiaries" are defined as a beneficiary who, on the date the beneficiary's qualification is determined: (A) is a distributee or permissible distributee of trust income or principal; (B) would become a distributee or permissible distributee of trust income or principal if a present distributees' interest ended on that date without ...

  7. Joint wills and mutual wills - Wikipedia

    en.wikipedia.org/wiki/Joint_wills_and_mutual_wills

    A joint will is a single document executed by more than one person (typically between spouses), making which has effect in relation to each signatory's property upon death (unless the will is revoked (cancels) the will during the signatory's lifetime). [1]

  8. How to prevent your investment assets from going into probate

    www.aol.com/finance/prevent-investment-assets...

    Naming one or more beneficiaries takes just a few minutes and the process can usually be completed online. Accounts with a designated beneficiary, such as life insurance policies and retirement ...

  9. New Year, but Same Old Beneficiaries? Here's Why You Need to ...

    www.aol.com/news/2013-02-07-estate-planning...

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