A secondary beneficiary, also called a contingent beneficiary, is a person or entity entitled to get a distribution of assets from an estate or trust after the estate owner’s death if the primary ...

When you purchase life insurance, the real goal is to make sure your loved ones are financially protected after you’re gone. Choosing your primary beneficiary — the person who will receive the ...

When purchasing life insurance, the choice of who to name as beneficiary is one of the most important decisions a person makes. A beneficiary is the person who receives the death benefit. The owner of ...

When planning your estate rarely will you experience difficulty naming your initial beneficiary or beneficiaries for your will, IRA’s or life insurance. This observation is almost certain when it ...

A beneficiary is the person you choose to receive your life insurance death benefit after you die. You can choose multiple beneficiaries and designate a certain percentage of the death benefit for ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

Life insurance policies sometimes get lost. Here's how to find them.

Beneficiary decisions are a crucial yet often overlooked step when planning for retirement. Simply having a will does not mean your estate plan is fully covered. If you die without a will or your will ...