Beneficiary Designations in Estate Plans (NJ) | Practical Law

Beneficiary Designations in Estate Plans (NJ) | Practical Law

A Practice Note discussing the use of beneficiary designations in estate planning in New Jersey. This Note discusses issues related to beneficiary designations including selecting primary and contingent beneficiaries, identifying the default beneficiary, using beneficiary designations in simple and complex estates, and naming an estate or trust as a beneficiary in a beneficiary designation. This Note also discusses the advantages and disadvantages of using beneficiary designations.

Beneficiary Designations in Estate Plans (NJ)

Practical Law Practice Note w-000-5340 (Approx. 16 pages)

Beneficiary Designations in Estate Plans (NJ)

by Practical Law Trusts & Estates
MaintainedNew Jersey
A Practice Note discussing the use of beneficiary designations in estate planning in New Jersey. This Note discusses issues related to beneficiary designations including selecting primary and contingent beneficiaries, identifying the default beneficiary, using beneficiary designations in simple and complex estates, and naming an estate or trust as a beneficiary in a beneficiary designation. This Note also discusses the advantages and disadvantages of using beneficiary designations.