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The Beneficiary Checklist:
1. Always keep policy and beneficiaries up-to-date.
2. Always have secondary and tertiary beneficiaries.
3. Never name minor children as life insurance beneficiaries. Instead, put a trust or guardian in place.
4. Never name your Estate as your life insurance beneficiary.
5. Always specify the details.
6. Never name a beneficiary dependent on government assistance as a direct beneficiary.
7. Don’t assume your will trumps the life insurance policy.
There are, of course, ways to keep the trust mostly in control of the family, which might be minors. One way to get around these problems is to create a pour-over trust in your will and name the minor as the trust’s beneficiary. A trust ensures that the trustee protects the funds until a time when it makes sense to distribute them. Trusts are also flexible in terms of how they are drafted. The trust can state any number of specifics on who receives property and when, including allowing you to distribute the funds at a specific age or based on one particular event, such as graduating from college. You can also spread-out distributions over time to children and grandchildren. I am lookIng for brilliant estate lawyer nearby 92882. I need awesome lawyers probate around rita ranch, corona ca. I am lookIng for amazing estate attorney near 92881. I need best estate attorneys near north coron, corona ca.a. I am lookIng for brilliant estate lawyer around rita ranch, corona ca. I am lookIng for excellent probate attorneys nearby north coron, corona ca.a. I am lookIng for amazing attorneys estate by rita ranch, corona ca. I am lookIng for best attorney probate nearby 92883. Even if Probate seems unnecessary; the Will must be filed.