Beneficiary

“A beneficiary is a person or entity entitled to receive assets or benefits from a will, trust, or insurance policy according to the terms set by the grantor or testator.”

A beneficiary is the individual or organization designated to receive assets.

Beneficiaries can be named in wills, trusts, retirement accounts, and insurance policies. Keeping beneficiary designations up to date is critical to ensuring your wishes are honored.

Schedule a consultation to review beneficiary designations and make sure your assets go to the intended recipients.