Beneficiary is a person (or charity, college, etc.) to whom you plan to leave money or other assets (like Grandma’s wedding ring or the family house). Your retirement accounts, will, trusts, and life insurance all have beneficiaries.
Beneficiary is a person (or charity, college, etc.) to whom you plan to leave money or other assets (like Grandma’s wedding ring or the family house).
Your retirement accounts, will, trusts, and life insurance all have beneficiaries.
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