A beneficiary designation form is a legal document and will be used by the insurer to determine who will receive the death benefit if you pass away during the period of coverage (as well as how much ...

Get legal guidance, and make sure the provisions of the beneficiary forms are coordinated with your overall goals. As with all legal matters, consult your individual attorney prior prior to making ...

Almost any person or legal entity can be named as a beneficiary. Spouses, children and friends are common beneficiaries. Charities, trusts and businesses may also be beneficiaries.

There is a solution to these problems. You can name designated beneficiaries on your accounts, such as your life insurance policy and your 401(k). You list who will get the money and what ...

A beneficiary is a person or entity you designate to receive the benefits of a particular account or policy after your death. Designating, reviewing and updating beneficiaries are basic tasks of ...

Personal Finance; His Ex Is Getting His $1 Million Retirement Account. They Broke Up in 1989. A legal fight over a forgotten form offers a cautionary tale ...