Скачать или смотреть What Are Your Options For Naming A Minor Beneficiary?

Considering naming a minor as a beneficiary for your life insurance? It's a common question with important legal implications. This video explores the key options and considerations when ensuring your loved ones are protected, even if they're not yet adults.

In this video, you'll learn about:
► The legal complexities and common pitfalls of naming a minor directly as a beneficiary.
► The role and advantages of appointing a legal guardian or custodian to manage funds for a minor.
► How to set up a trust, such as a testamentary trust, to provide structured financial support for minor beneficiaries.
► The differences between various legal arrangements like UTMA/UGMA accounts and formal trusts.
► Practical steps to ensure your minor beneficiaries are protected and their inheritance is managed wisely.


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