Minor Children as Beneficiaries

Thompson & Associates

English - June 01, 2018 00:00 - 14 minutes - 12.3 MB - ★★★★★ - 4 ratings
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In this episode, Cayce Powell, MBA, JD, FCEP and Bill Gustoff, JD, FCEP discuss minor children as beneficiaries:
• Why naming a minor as a beneficiary is an estate planning red flag
• What happens when a minor receives an estate distribution
• Appropriate times or situations to name a minor as a beneficiary
• Available options when leaving an account or asset to a minor