What Do U Mean By Beneficiary Name

When a revocable trust owner names six or more beneficiaries and the beneficiaries do not have equal beneficial interests ie they receive different amounts the owners revocable trust deposits are insured for the greater of either. Revocable beneficiaries do not have guaranteed rights to receive compensation from an entity such as an insurance policy or a trust fund.

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Most life insurance policies name revocable beneficiaries.

What do u mean by beneficiary name. 1 the sum of each beneficiarys actual interest in the revocable trust deposits up to 250000 for each.

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