Download - Leaving an Inheritance to Your Child's Spouse: Pros and Cons as a Lapse Beneficiary

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Leaving an Inheritance to Your Child's Spouse: Pros and Cons as a Lapse Beneficiary

2024-08-16

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Most people want to leave their money to their children. But what happens if the primary beneficiary isn’t around to receive it? In that case, the gift lapses and a backup beneficiary is designated. A common question is whether to name your child’s spouse as the backup beneficiary. In today’s episode, Nick will explore some of the pros and cons of this decision.

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