Name the Right Life Insurance Policy Beneficiary
How Not to Name a Life Insurance Beneficiary In estate planning, there are right ways and wrong ways to designate beneficiaries for your life insurance. Here are some common mistakes people make: Assuming a Will or Trust controls the beneficiary designation. This point cannot be hammered home often enough. Neither your Will nor your Trust will control or “trump” a beneficiary designation made with the insurance company. If you make a designation on the insurance company form