What types of beneficiaries are named in a Will?

Whether you are choosing the beneficiaries of your estate or you have recently been made aware you are the beneficiary of a Will, it can be confusing to understand the different types of beneficiaries there are and how that can effect what is being inherited and how it is distributed. A beneficiary will be named in the will by the testator, their full legal name, not a nickname or any other name they may go by, should be used in order to eliminate any question or confusion about who the intended beneficiary is. Quite often an address will be given … Continue reading What types of beneficiaries are named in a Will?