Discretionary beneficiaries are individuals or entities eligible for trust, insurance, or retirement distributions based on conditions set by the grantor. Learn their role and impact.

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of ...

A beneficiary receives some or all of your money, property or other assets when you pass away. Many, or all, of the products featured on this page are from our advertising partners who compensate us ...

Naming a beneficiary is an essential step in estate planning that allows individuals to determine how their assets will be distributed in the event of their death. By understanding the different types ...

Naming your trust as the beneficiary of your IRA could have terrible tax consequences. This single fact does not mean you should never name a trust as the beneficiary of your IRA or other retirement ...

Naming someone who will inherit your brokerage account after you pass away can be a smart estate-planning move. Here's how to do it.Image source: Getty Images. Stock investors know that a brokerage ...