Who or What Can Be a Beneficiary?

You are able to name the following as a beneficiary:

  • One person
  • Two or more people
  • A trust, that is controlled by the appointed trustee
  • A charity
  • Your estate

This list is not all inclusive and you will need to speak with a qualified estate planning attorney to discuss your options when choosing a beneficiary. For additional information about beneficiaries, read our latest blog, The Basics of Beneficiaries.