Jul 7, 2025 · One of the best ways to make sure your assets are handled according to your wishes is to designate both primary and contingent beneficiaries. Learn the difference between the two so you …

Dec 18, 2025 · One of the most misunderstood parts of beneficiary designations is the difference between primary and contingent beneficiaries. Read below to learn the difference between these two …

4 days ago · Primary beneficiaries, usually spouses and partners, are the first ones to inherit your assets when you die; contingent beneficiaries are the second ones in line to receive your assets.

Jul 1, 2025 · Primary beneficiaries are the first people or entities who receive your death benefit proceeds, while contingent beneficiaries are the backups if something happens to the primary before …

Mar 24, 2025 · There are three main types of beneficiaries: primary, contingent and residuary. Keep reading to learn what each type means and how to choose one.

Jan 11, 2021 · Beyond naming primary beneficiaries, choosing contingent beneficiaries ensures your wishes are honored even when circumstances change unexpectedly. This guide explains the …

Aug 11, 2025 · Confused by primary vs contingent beneficiary? Our simple guide explains the difference and why naming both is essential to protect your family's future.

Aug 24, 2025 · Learn the crucial distinction between primary and contingent beneficiaries for peace of mind. Designating beneficiaries is a fundamental aspect of personal financial planning, ensuring that …

Primary beneficiaries have immediate rights to assets, while contingent beneficiaries only inherit if the primary beneficiary cannot. This distinction is crucial for estate planning, as it provides a clear plan …

A primary beneficiary gets assets first. A contingent steps in if the primary can’t. Know who gets what and why it’s important.