Beneficiaries Archives - Ogborne Law, PLC

How Many Beneficiaries Can You Have?

16 Jul 2025

Creating a will can ease many legal and financial matters upon your passing. It’s legally binding documentation that guarantees your spouse, children, and other designated heirs are the beneficiaries of your esta...

Does Executor Get Paid Before Beneficiaries

16 Jul 2025

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Navigating the management of an estate is a responsibility that typically falls onto an executor. On the surface, the responsibility is straightforward, overseeing the deceased’s estate and allocating assets to t...

Contingent Beneficiaries in a Living Trust

15 Jun 2023

Michelle N. Ogborne

You've appointed a primary beneficiary for your living trust. However, have you thought about selecting a contingent beneficiary too? Find out more of the advantages of having a contingent beneficiary for your tr...

Living Trust: Trustor vs. Trustee

23 Jan 2023

Michelle N. Ogborne

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What Is a Beneficiary?

21 Dec 2022

Michelle N. Ogborne

Commonly, a beneficiary is an individual that receives returns or benefits from something. In the insurance field, individuals generally use the term beneficiary in reference to the recipient of life insurance re...

What are the 5 Components of an Estate Plan?

24 Feb 2022

Michelle N. Ogborne

A lot of people assume that when they have a will, their estate planning is finished, but there is much more to a solid estate plan. An ideal estate plan needs to be designed to avoid probate, for estate tax savi...

Who Should Be Your Beneficiary?

8 Feb 2022

Michelle N. Ogborne

It's easy: Fill the blanks in on the life insurance application and you've designated a beneficiary. But do not write off the task as insignificant. Designating the right individual to receive the proceeds of you...