September 21, 20252 min read

Contingent Beneficiaries in Estate Planning: Why They Matter

When setting up a will, trust, life insurance policy, or retirement account, you’ll often be asked to name a beneficiary—the person who will receive the benefit when you pass away. But what happens if your primary beneficiary can’t receive it?

Faith Otutu
Faith Otutu
Author
Contingent Beneficiaries in Estate Planning: Why They Matter